Ok, this is something of a bump. I've thought about this thread a lot, and I'm beginning to get some hands in my database again so should be able to do some profiling soon and really contribute. Now, before I move onto my reason for resurrecting this thread I'll just note something which is also stated in some of the reader digest posts that I'm re-reading yet again now.

Playing perfect poker is nowhere near as profitable as exploiting opponents. Always play against weaker opponents. Know how they are weak, know their tendencies, play against them as much as possible and exploit their tendencies to your benefit. Bankroll management, stack sizes, position etc is all important stuff - knowing your opponent is arguably more important.

Now, what caused me to resurrect this thread was this:
http://www.flopturnriver.com/phpBB2/...tc-t74214.html

And I guess by extension this:
http://www.flopturnriver.com/phpBB2/...em-t70711.html

Aside from the above profiling exercises it may also be beneficial to use profiling exercises as a way to get a deeper and more intuitive understanding of hand ranges (using the ABCD theorem).

As the first linked thread shows us people are trying to determine using PokerStove what a ABCD ranges are against a specific opponents raising range. Some PFR stats are referenced, but we all know that one person with PFR 7 will raise KJs but not 65s where the next person with PFR 7 will go opposite. By deciding on ABCD ranges (including 3b ranges as A) we need to consider the actual PFR range of the opponent in this situation.

Based on my observations of the opponent I'll determine if he's very fond of Ace-high hands, hands with no card lower than T or 9, all connectors suited or not, and whether he limps lower pocket pairs rather than raises them - and use that profiling knowledge as I formulate ABCD ranges against his opening range.

As I do profiling exercises I'll do what JKDS did in that thread - try to think through every possible starting hand and decide where it belongs in the ABCD spectrum based on what I know about the opponents opening range and using PokerStove equity calculations. I may or may not choose to modify the result considering steal equity and implied odds to the extent that PokerStove doesn't already take it into account. As a general point PokerStove will be undervaluing implied odds as it's not taking into account how quickly I'll fold a missed flop - that is that the size of the pots I win are bigger than the size of the pots I lose, but PokerStove basically only tells you how many pots you win and not what size they are.