Jiggus, I agree with you 100%, but you need to remember that every hand is independent of the hand before it. Bad decisions (like calling an AI from a tight player with AK) are bad decisions regardless of how they've worked for, or against you.

You need to absolutely punish people on flush draws. Make solid bets on the flop and, if the turn misses, bet very hard. IF they hit their flush/straight and bet, don't call. Yes, I'm sure this is a "leak" at the higher limits, but I think it'll work out at the lower ones.

For instance , if I have 77 and the flop is 678s, I'll usually fire out a pot size bet which almost always takes it down. Were I to get reraised, I'd likely fold, unless the odds suggest otherwise.

I find myself losing the most money, not by being out kicked, or set over set, but by not beleiving my opponent had me beat. That and catching a hand (like 2pair or a low straight/flush) out of the big blind.

I've found (at Paradise) that, if you make a normal 4xbb bet with AK/AQ , the flop comes say J72r, you can almost always just check and everyone else will as well (or they'll toss out an irrelevant 2xbb bet.) It can be cheap to see all 5 cards, if you're willing to let it be. What you can also try (and has worked for me on occasion) is to just call with AK/AQ knowing that if the flop comes A/K/Q high you are in exceptional shape to build and take down a nice pot.

For my money, there's no better feeling than having AK/AQs having an A high flop with two in your suit and knowing that the other player is chasing the same flush.

Good luck.