I have had players from the Midwest from teams in the past that have attended PG events as well as many other showcases and camps ... I really think this all depends on what you are expecting from an event, what your budget allows, and when it comes down to it I agree with Fungo that
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when in reality the players are the ones that make any event good.
However, because most of the players I have seen are from the Midwest region we don't attend PG events on a regular basis and have since attended several Top 96, Area Code and Pasttime events for "showcases" and tournaments. I've seen mixed reviews on Top 96 based on volunteer coaches attending instead of real coaches .... Area Code events have treated us well despite the prices .... and Pastime is more involved with showcase tournaments than "showcases" though they have a great deal of exposure at those events and are the best events in Midwest, Southwest and it looks like they grow every year.
I have seen and heard there are several new organizations coming up in the showcase/camp programs as well. There is word that a program similar to PG is popping up in 2009 but I also heard they are doing several sports, not just baseball, though baseball is said to be a big draw for them. I believe this Silver Spikes program has some affiliation with Pasttime Sports/Tournaments as I see them on the Pasttime site ... if they are connected we will attend. There is the MD Clinic that is put on in Southern Maryland that went over well with some of the coaches and players in attendance, cool event though is was kind of like managed chaos because there were so many kids in a small gymnasium.
In the end ... I think the players make the events what they are. PG attracts some of the top players in the country and that is great. These other guys are doing the same thing on many levels though they don't have the name behind them yet or the years of experience that PG has put together. I wouldn't count them out though. I would stay away from several events that are just worthless and run by those who have no business doing these events.