Beating Loose Passive Tournaments

[Offsuit27]

The majority of the tournaments at the local casino are very loose passive unless of course someone picks up a monster. I recently had a dispute with another frequent player about how the best way to play these weak tournaments. The sides of the argument were to A)be a flopaholic early limping with many hands and exploiting when you hit the flop big and trying to accumulate a big stack early gradually getting more aggressive as the blinds increase or B)playing tight early and waiting for good opportunities to get paid off on your premium starting hands and basically just playing good hands and raising when you enter a pot until late in the tournament.
I'd like to hear some opinions of what way would be more profitable or maybe some insight on how you beat a weak game such as this.