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Party Poker is one of the largest online poker rooms. During peak hours, there are usually around 10,000 real-money players logged in.
They offer plenty of ring games, single-table tournaments, and multi-table tournaments. Recently they've expanded their ring game offerings and now have micro-stakes available in no-limit betting.

Since they are a large cardroom, Party Poker usually has some interesting promotions running. One thing that has always annoyed me about this site is the complicated nature of their promotions. A recent promotion dubbed 'The Grind' was a headache to try to understand. I think their promotions would be more enjoyable if they kept them simple and fun.

Party Poker is among the best places on the internet to play poker tournaments. They offer something for everyone. Their scheduled tournaments strike a perfect balance between offering high buy-in freezeouts and small buy-in rebuy events.
The sit-n-gos at Party Poker are unrivaled compared to other poker rooms reviewed at this site. They used to offer various tiers of "Steps" tournaments that were once incredibly popular. Recently these tournaments were replaced in favor of more affordable games that seem to be generating some popularity.
On the first Sunday of each month, Party Poker holds a $1 million guaranteed tournament with a buy-in of $600+$40.

While Party Poker's software is nothing earth-shattering, it is quite fast. It is also fairly easy to use, though players may experience some delays when loading the lobby screens and gameplay tables.

One frustrating aspect of Party Poker is that they only display the average pot size in the ring games. All in all, they provide you with little information about the games. I recommend watching the game for a minute or two before joining to see how loose everyone is playing.

The competition at Party Poker is pretty soft for the small stakes no-limit games. The medium to high stakes no-limit games as well as many of the limit hold'em games are tougher than they used to be. Many of the thousands of players at this site are beginners or casual players, but some are seasoned professionals. Recently, some players have complained that the games at Party Poker have gotten more difficult.

For a cardroom of this size, their customer service leaves a little to be desired. They offer both email and phone support. Email support can sometimes take a frustratingly long time, and they don't always answer your question. The fact that they have phone support is nice, but some of the agents are not as helpful as you'd hope.

Texas Hold'em, Omaha hi-lo, Omaha, 7-stud, 7-stud hi-lo
Fixed Limits: $.05-$.10 to $250-$500
NL & PL Blinds: $.02-$.04 to $25-$50

Single- and Multi-table Fixed-limit Holdem, NL/PL Holdem, Fixed Omaha hi-lo, PL Omaha hi-lo, Fixed 7-stud (single-table only). They also have sit-n-go multi-table tournaments.
Single-Table: $3 to $350
Multi-Table: $1 to $1,000 Minimum Deposit $25