Yeah, I find the same thing.  I only play microlimits, so freerolls are obviously a draw for me because comparitively, thats a lot of money! 
 
The Prima Freerolls (I play on Gaming Club) now allow either 6000 or 10,000 people, and pay about 130, making them pretty much a waste of time.  I have had difficulty placing in them as of yet, and have won a combined $2 from those tourneys. 
 
THe PokerChamps Freerolls are much easier to beat, but as I just started playing them I have yet to place in the money.  They average 550 players, and pay out to 20th.  I have finished 27, 29, and 36 last night... close to the money but not in it. 
 
I think that my problem is playing tight at the beginning.  I folded every hand for the first half an hour, and almost half the playing field was gone.  Then I started slowly moving from only top 10 hands back over to my normal game.  I also had a run of cold cards though, not a single hand or pocket pair for 35 minutes, and the blinds brought me down from 1000 to almost 700.  I think that if I use this strategy again I will probably place in the money.
		 
		
		
		
		
		
		
			
		
		
		
		
		
			
			
			
			
			
			
			
			
			
			
				
			
			
			
		 
	
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