There is good and bad in split format. Less people in the stands is good.More parking is good. Most people I know like to watch all day. So the 1.5 hours in between suck. In our club most people stay to cheer on all of the kids.Kids worming up on the mats before morning session is done sucks.
I think normal format is better. I never hear any one crying about spending two days at the ball field for a tournament .
I think the big thing is knowing how many kids you should have in your tournament. The clubs that put on the good tournaments have been doing it a long time. Most know what they can do and cant do.
I my self look for round robins.