Entry is still being discussed. There is debate on if it should be increased / stay the same / or reduce because of the economy. Once things have been determined, which should be after the new year, then the prices will be posted on the MPS website.
The proposed breakdown of prices is....
Level 1 = $350 / Team
Level 2 = $300 / Team
Level 3 = $210 / Team
Level 4 = $180 / Team
Again, these entry prices are not finalized yet.
On the prizes for each event.... that isn't known until like a week or two before the event. It is this way because prizes all depend on availability from KEE. I also try to get the last minute deals that I can get.
And yes.... L2 is a level with good and experienced teams. My recomendation is that if you don't have a lot of experience, don't start off in L2.... start off in L3 or L4.