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I'm a member of other big sites as well but it seems that PS offers the best "value for $", if I'm making any sense, like for example on PS $5.50 gets $10K gtd vs PP the gtd is probably much lower. I assume that PS offers the best T deals, right?
How do I choose Ts w/ "lower variance"? That means only lower # of runners, right? So would a good strategy be just play the most expensive Ts I can afford, presumably because the field is smaller?
There are a lot of factors to consider: size of field, speed, rebuys or not, bounties or not, etc. Each factor affects the flow of the tournament and the variance, depending on your skill set. For example, I only play turbos because I don't have 8-10 hours to devote to a tournament, but the variance is naturally higher in turbos.
I like to look for tourneys with good guarantees relative to the size of the field. That way you get a good prize pool without having to work through thousands of runners.