I play in a low steaks cash game like this with some people i know, used to play NL but switched to limit triple draw low ball 2-7 just for a laught but the strategy that works best for these fisher games is to take advantage of the small bet size. Implied odds can get huge as long as you can let go of that bad draw on 4th street if you don't hit.

say you have a draw and need 3:1 but are only getting 4:1, in alot of cases i'm going to see the turn at a bad price when i make (drawing to a nut hand of course) cus the implied odds of them calling raises and reraises in big bets more then makes up for it. Happy fishing =)