Well things get a little grey here, because if you've got a sweet slot machine kickout for an easy dead-bounce to the other flipper, or live-catch/drop catch to the initial flipper, then LITZ is perfectly valid for tournament play especially since the powerball mania bonus is added to the LITZ bonus if obtained on the same ball. Obviously with a bad slot machine kickout, multiball is best.
Quoted from DarthXaos:LITZ does not seem to be as dominant a strategy on TZ as just going for Multiball and Powerball Mania, at least judging by what I see in PAPA videos