bluffraising a limper on 3rd

[TStoneMBD]

say a solid player limps first in from MP with a medium number showing like an 8 with a couple J+ overs behind him. its folded to you in LP and you have the highest overcard on the table right now.

wouldnt this be a good spot to bluffraise? the book says you should fold a small pair to an overcard raise on 3rd after limping. do most solid players follow this advice? if so, wouldnt it be correct to raise here as stealing seems to have a high probability of success along with the fact that your overcard (with consideration to your hole cards) fares pretty well against a likely medium pair?

are these bluff raises common in stud games and if so, wouldnt it then be very incorrect to limp in with a small pair and fold to a raise against a solid player showing a high card? if so, limping in with medium pairs seems weak altogether and id rather play it for a raise than a limp.