I've never been to the little 500 and I'm sure it's great, but if it works out better for you, the Night Before the 500 midget race is darn good too. I don't think you could go wrong either way.
Cmon its the only race where sprints make pit stops. Did I mention starters, off set engines ,Tony Elliot ,Eric Gordon. The highest paying race in this area every year. Where else will you see 33 pavement cars in one place let alone the same race? Also the vip a minutes walk away.