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Sit and Go Tournaments
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It depends of your skill and the skill of your opponents.
On $1 SNG it should be no problem for a skilled player, on a $100 SNG it is completely impossible.
nope! Good enough answer?
The rake is huge, yes, but the players are soooo incredibly horrible. At the 5$ BI level i started to find ANY SORT OF profitable players...
I'm not sure if it was because of the rake or because my knowledge about the game evolved, but i've spent a looot more time at the 2$ level (20%rake) than on the other levels (huge 1 month jump from 2$ to 10$ almost bankroll for 20$).
So it may go slow but you can beat them with basic strategy.