Well the last tournament (one for the war axe) went okay. That was held by Gonbai as well, but this one was just a bad idea really. The last one was 1 vs 1 player, not the 4 player team thing... It's just too unfair to have 4 people on one team. I don't train with the 3 other people I was teamed with, I don't spend my time getting stronger just to be paired up with some level 1 person. It's a crock of crap.
Plus I hope they give out different prizes besides new weapons.. maybe a skills scroll of choice, or a stat potion of choice. Something like that would be a lot nicer than another weapon. What happens when someone wins multiple tourneys? They end up getting a bunch of weapons that they have to sell because they weigh a ton and can't all be carried.