Quote Originally Posted by Erpel
Because of this position is much much much more important in NL than in limit. Because of this you're looking to protect your stack, not protect the pot.
This isn't really a fair description of limit. Position is extremely important in limit, but for somewhat different reasons.

I see no limit regulars portraying limit all the time as people getting into a pot, getting a drawing hand, and then calling down and either sucking out or not sucking out. In fact, your ability to do reads and fold when you can't improve to win on the last 2 streets-- even if a pot is big-- is crucial to being a winning limit player. Those turn and river calls cost you a significant amount of money, and you need to be avoiding making them when you are drawing dead or have lousy pot odds. And to do that successfully, it turns out, that a lot of the same things that are important in no limit-- playing premium hands, aggression, and position-- are also important in limit. These are the tactics that help you determine where you are in the hand, and knowing where you are determines whether you should keep calling or not.