I agree -- the information on relative position was really useful. I never knew about relative position until I read this chapter a few months ago, and I'm still not very good at implementing it. However, I have recently started trying to consider relative position when I'm thinking about limping behind or calling raises with speculative hands, because I realized I end up OOP relatively too often in multiway pots.

rpm -- What is better when playing against the "psycho spewmonkey" (nice phrase!): having him immediately to your left so you can have relative position against him in multiway pots, or having him immediately to your right so you frequently isolate him and end up heads-up? My personal opinion is that it is way more profitable to have absolute position on him to exploit him HU.