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It's an excellent starting strategy. It'll preserve your deposit at the micro level FR and up to $25NL. Most detractors of the strategy are beyond it. It's a great place to start and AoK will be the first to tell you this. Use it to learn the money game and to be conservative, then look for places to expand from. Position first and starting requirements second.
On your point's you make, #1 and #2, do not over value how much these people are watching you. Depending on the stakes, most don't even watch the board, only their hand. They will, @$2NL, $5NL, $10NL, bet 2 pair on a flush or paired board. They will bet middle pair with 4 callers, and will take KK, AA to the river calling any bet with out even seeing the boards cards. On #3, this should be a good start to moving away from the starting strategy, but know why you are doing this and do not get into big pots on the river with TPand a 10 kicker. when opening up you are trying to hit the flop and take it right there, monster pots are for monster hands.
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