[prodonkey]

I think it does take some advantage away from good players.. it's going to create more variance, even if you aren't calling all ins where you hope you are flipping. PL gives you multiple opportunities to play your opponents.

Well bankroll considerations might be part of it, but I think taking too many of these "coin flips" it's really going to be hard to win in the long term. If you want to call an all with A23K or something like that vs some random AA hand you're going to be on the bad side of a coin flip.. 44/56 something like that depending on suits and how good the aces are etc, but I think a key thing that is missing from the analysis of hands like this is the AA hand is going to scoop MUCH more often, sometimes almost twice as often, doesn't seem like a situation I want to be getting myself into with A23K.

No, I think you understand the finer points pretty well.. the nl games are the reason I quit playing stars, those were the only games that would get going forever it seemed. Naked ace bluffing is rampant among some people too.. if you push 3x's pot on river with the naked ace.. what can call you?