[gonepunting]

I think this analysis is correct. This move is +EV and if you find a late position seat and only do this when there are one or more limpers this would improve the strategy further. Say this happens 80% of time, so 20% of time you end up playing your hand which should only be a loss of half a big blind on average.
It's a bit like putting in a big raise on a number of limpers out of the big blind when playing NL. This move also has a high chance of success (Harrington discusses this).
However I think there are other considerations which make it a dubious strategy.
Good players will notice that you are doing it and make notes, or you might start showing up in pokertracker with a PFR of 90%!
The fact that it is your first hand makes it a bit more likely that it is a random push as a opposed a genuine hand and you might run in to lower calling standards.