I don't mean to rain on everyone's parade, but doesn't position play a HUGE role in this decision (and practically every decision we make as poker players?)

Specifically, I think how much you bet depends on whether you're first or last to act in the hand. If you're first, you've got to balance getting that pot big with the fear of underbetting and getting outdrawn, plus the potential to get reraised from a later position.

If you're last to act, it becomes a matter of more complete information, and the decision is easier.

I think correct play depends on where you are.