I'm not too sure that MLG is coverage-worthy anymore. The problem I've found with MLG is that while they have brought gaming into the mainstream and made it more of a non-nerd thing, they have gone one step further and brought it into as the ridiculousness of sponsors with NASCAR.
On top of that, I find that MLG players are the snootiest people on earth. Seriously, I've ran a tournament of MLG Ruleset and ran it with our own ruleset, and when I run it as an MLG Ruleset, I get a whole lot of people that complain about everything: the setup, the systems, and the possible lag (even though there isn't any, and I have the equipment to prove it). Most of all, in MLG Tournaments, we've lost hardware and software.
However, when I run non-MLG tournaments, I get a higher class of players (amateurs) which have fun just because they want to have fun. I get those MLG players which suggest we use MLG rules and I look at them funny. I say "Absolutely not." They continue to complain, making random comments during the game, "Well, we wouldn't have that problem if we played with MLG Rules." After of which, I give a warning after the third time, and I am forced to calmly escort them out after the fifth time. These non-MLG tournaments I have players that have fun because they are playing the game, and I don't lose any hardware or software due to theft.
MLG has become the bane of every LAN Center's existence. MLG players no longer play for the absolute fun of the game; MLG players play for the absolute $$ and they get pissed off when they don't.