I\'m not going this year, but I usually stay in Hollywood in what used to be the Hyatt on Sunset. I think it is the London now. It\'s a bit of a drive, but there is a lot to do in that area. It\'s right across the street from The House Of Blues. I would stay for a couple of days.
The traffic on Saturday morning wasn\'t bad. At 3:30 in the afternoon, different story.
As far as tix are concerned, I have never had problems getting good seats at reasonable prices outside the track, no matter which one, the day of the BC. If that makes you nervous, try ebay.