[slickpoppa]

Mason, the problem with your analysis is that you cannot assume that you are up against specifically JJ. As you said:

[ QUOTE ]
Hi Everyone:

The question isn't whether jacks is better than ace-queen suited. If you raise with ace-queen suited and get a good sized reraise, as long as the player is playing somewhat rationally you have to fold.

The question is regardless as to whether it is right or wrong to call the raise, if you do go ahead and call it, which hand would you now rather have. (Of course in reality if you hold the ace-queen you don't know that your opponent holds precisely jacks and vice-versa.)

Here's a hint. In almost all cases the ace-queen will check the flop and the player holding the jacks will bet probably somewhere between half the pot to the whole pot.

Best wishes,
Mason


[/ QUOTE ]

But in your analysis you assumed that you were up against JJ. Obviously the more relevant question, which you even stated yourself, is whether AQ or JJ is better against your opponents range of reraising hands (presumably something along the lines of AA-JJ, AK). So in order to really answer the question you would have to calculate the EV of AQs against JJ-AA, AK, and then compare that to the EV of JJ against that range and see which hand does better.