no i haven't changed that i think that the whole thing is not profitable, but even if it was what i said would also be true
This hand is quite profitable when you're playing against wide ranges. Of course I wouldn't do it against EVERYONE (total maniacs who fight for every pot and won't fold king high after rebluffing with it or guys who will call down with jack high when the board bricks come to mind, guys who can't hand read and will never fold a pair no matter what comes). However, put simply, for me NOT to c/r this type of hand a guy would have to be playing pretty far from "correct" lhe strategy.
M2: I'd advise you to think a little bit about what sushi is saying about various turn cards. Part of being balanced is to consider possible future events on the turn and river. So in this particular spot, lets say the worst turn card in the deck comes on the turn: Q of anything. How does your range look now? Do you still have enough draws to put your oppoent into a tough position with hands like A high, and small pp? My guess is that playing the strategy you describe, you'd only have one draw left in your range on this particular board texture. Of course you'd have a few combos of this draw, but still not enough to make your opponent think about continuing with even his worst tens.
I could give you examples of other turn cards that would, once again, make your range too strong, but I think it is sufficent to say that on about 16!!! cards that come on the turn (4Q, 4K, 49, 49), your range will be WAY too strong for your play to be balanced. And against anyone even remotely competent, you do need to be balanced in this spot.
As far as every street being played badly here, I mean, the turn is really standard once I c/r, not only because people peel in this spot with like J2dd, but also because I have to make river bluffs on various cards credible. It would be ludicris to c/r this flop texture and not fire a second barrel on a blank (there are turn cards that I would check, but that's another issue). On the river, I'm targeting hands like Q8, Q9, 89discounted, 9Tdiscounted, K9discounted, KQdiscounted. I've put the discounted hands in order from least discounted to most.
Thanks for your comments!