Playing Ax suited for flush value ???

[punter11235]

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I know that small pairs and even pairs as large as JJ can be played for set value.

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It's almost never true. Playing for set value is almost never good. I plugged following settings to the simulation :
-player A has typical UTG range of <22+, AJ+. A9+, KQ. KJs+, QJs>
-player B has 6s6h
-Stacks are 1000$ and blinds are 5$/10$
-player A makes a raise to 40$ and player B calls
-player A makes continuation bet of 3/4 of the pot
-player B folds if he doesnt flop a set and go all-in if he does
-player A calls with top pair or better and folds otherwise

All that cost 5.32$ on average for player B. He would need stacks of 1300$ to break even with that strategy.
For Axs its even worse as you lose 30.8$ on average with 1000$ stacks. With 2000$ stacks you would lose 26$. You would need stacks of 8000$ to break even and that assuming your opponent still goes broke with top pair or better.
Not realistic assumption.
All in all playing for set or 2pair/flush value is not a way to make money.