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You've got this exactly backwards, Jeff. The information about your opponent's play is more important in cash games. In tournaments, tables break frequently and you don't get to play with any particular opponent for very long.
Probably why I'm not good a ring games- lol. I don't end up sitting their long enough to make sophisticated plays. If I know I have an hour and a half to play, I'm in a sit-n-go tournament. If longer, I'm in a bigger tournament. I only play ring games when I have idle time. Probably not a wise investment, but it's fun.

And so far I've rarely played with the same folks twice.
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-Jeff
Rome did not create a great empire by having meetings; they did it by killing all those who opposed them.