Ryan
I've run this race in 2009 & 2010. It's a small race, around 300 participants. Seems pretty well-organized. Free parking in a nearby parking garage.
The course itself is through a residential neighborhood. Pretty flat & shady, lots of turns. 2 water stops. Distance seems pretty accurate.
Race packet included a reusable bag, plastic water bottle and some little food thing. I think in 2009 it was nuts of some sort. In 2010 it was a small Clif bar of some kind.
In 2010, they offered gear check but I didn't use it so I'm not sure how that turned out.
No chip timing. In 2010 they didn't get the results posted until the following Monday.
All in all, I think it is a nice local event. There's also a Kids Dash that my kids refuse to do but it's very cute to watch.