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Hi there,
Really any of the bigger sites are ok around 8pm onwards. The euro sites you're getting their morning players, so its pretty busy (Everest, Party Poker, iPoker skins, etc), and Stars and Full Tilt are just both so huge with so many players from everywhere that theres always a lot going on.
With $200 rakeback/bonus isnt really an issue. You really want to build up the roll first, then pursue the better deals. I'd probably go with stars first. Nice little $50 bonus (unless its grown in the last year or two), and as an SNG player no site will have as many running and starting up as quickly. Build your roll up to $600-$1k and then go bonus whore the better offers when you can take full advantage.
I dont know anything about Freerolls so maybe someone else can answer this. I do know the Euro sites often end up running these around 3am or something our time, which kind of sucks when they're part of the bonus/VIP structure.
So in general, I'd advise starting on stars and bulding the roll first. Good luck!
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