[jeffnc]

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When I talk about increasing variance, I mean that we will tend to win fewer pots with a line, but on average those pots will be bigger. It is absolutely the case that limping KK UTG will cause us to win fewer pots no matter what our post flop game plan is, and presumably we will win bigger pots on average when we do win to offset the pots we lose. Winning bigger pots less often is the type of strategy I try to avoid in STTs.

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I agree that you'd win bigger pots less often, but that's not necessarily a bad form of variance. It would be similar to limping with pocket pairs, but getting away if there was a raise. If you can stack someone, the risk/reward ratio is excellent. Your variance might go up, but that doesn't tell the whole story. For example, you might lose 1BB 10 times, and double up once for 40BB. You might not miss 1BB at all, especially if the blinds are going up soon, but on the other hand doubling or tripling can really help.

I'd still like to hear from CM if different kinds of variance are good or bad in SnGs.