[Pokey]

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All,

I think that calling in hand 4 for purely set value is wrong.

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Missed this. You are right.

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We're throwing $2.50 into a pot that will has $5, with an opponent who is going to c-bet us virtually 100% of the time when we hit our set (that should be an extra $6-$7.50). That's giving us a pretty solid look at 5-to-1 odds, plus anything we can squeeze out of him after that. Set draws are 7.5-to-1 against, so if we can grab an extra $10 out of him on the turn and/or river, we're making a profit. After his c-bet and our call, we'll have a pot with $20ish; I think our implied odds are just fine here.