[True North]

Interesting and insightful post as always, Bond.

Just something I thought was relevant, regarding point 5 on open-limping -- Ted Forrest wrote a bit on this in the Full Tilt Tournament Guide, in the section (Don't) Play Like Ted Forrest. One point was that open-limping has value if it helps to condition others at the table to limp as well. It also allows you to see more flops in the early going when stacks are deep, on the theory that if you open-limp (particularly from late position), you can call a raise behind you for a relatively small portion of your stack and use your superior postflop skill, whereas if you open-raise and get reraised, you usually have to lay your hand down.