I ran Princeton extensively back in season 17-19 (I forget which season I heavily relied on it, but there was one). I had a team with guards with very high hnd/drv and good JR (one of whom I played at SF), and a very balanced power forward who was pretty much between 10-13 at every skill. Most importantly, I had a center with prolific passing.
Watching the sim, my guards had a lot of layup attempts and got fouled often. My center barely shot, but when he did it was long 2s and 3s. He also averaged about 5apg and had a lot of key passes. My PF took a lot of outside shots.
I find it a really good offense to run if you're building a team on the cheap and, in lieu of high weekly salaries, want to focus on cheap skills (hnd/drv for guards, outsides and passing for bigs). Even when overmatched, your team will keep the pace of the game down and maximize possessions. I had one of the league's lowest salaries and still made the playoffs that season in my USA II league.