Fast Break College Basketball over Tournament dreams for sure. FBCB has a much better sim engine, editable conferences etc (ready for the incoming years realignement), tons of custom options etc. The only thing where Tournament dreams could be better than FBCB is on the graphics but i doubt a text simmer would preffer graphics over the best sim engine. Also the FBCB developer keeps releasing free patches/upgrades for free after a year while Tournament Dreams hasn't been updated for a long time and won't be updated ever. I currently play in an online FBCB league and i can tell you it's my favorite text sim right now.
Here is the link for the online league if you want to take a look or even join us:
League website
League forum