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Hand 1 (33), bet about $.25 on the flop. Pot the turn. You can ease up on the river, if you're worried. Remember, on the river against a made flush, the set ALWAYS has 10 outs: 3 each of the 8 5 4 make a full house, and the case 3 makes quads. Be willing to bet sets even into scary boards. Remember, all the non-nut flushes have to worry about being the 2nd best flush.
Hand 2 (AQ) I like the raise on the flop but not the turn. He's shown the willingness to play back. I know he "caught" the 9 on the turn, but even before that I'd have probably just called it down. Pot control. Remember that TPTK is usually good, but if villain's willing/eager to play for stacks, it probably ain't. But at these stakes, going broke with TPTK isn't the worst idea ever.
As a final point, imo the winning players at the micros do a good job of NOT getting stacked with TPTK while stacking lots of the others when they hit TPTK. Of course, it's hard to lay it down when they're agro with crap so often. So, like I said, not a terrible play here, imo.
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