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Coming from a home tournament background, I much prefer NL games. At PP I started at the 1/2 Limit tables, and found a bigger bankroll variance then the .25/.50 limit games. I probably play a bit on the conservative side, but I am winning after appx 1500 hands, and would be up much more if it weren't for my foray into limit. In fact, I switched to limit to try to get my 500 hands in for the $100 bonus, figuring it would "cost" less to play limit vs. NL. YMMV, though.
Never played much PL, seems that it's a NL-lite, limiting your possible gains if you get a monster. But I can see where it might be a compromise between NL and limit if you wanted to try NL but have a ceiling on losses.
Following the strategies on this site should bode well for NL(or PL) play.
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