Raising after many loose limpers - what's the proper analysis?

[binions]

In SSHE, Miller makes the point that if your hand will win more than its fair share of pots compared to how many limpers are already in, you should raise. The thinking is that this is a +EV edge that you should push. Example, you have AQ on the button, and there are 5 limpers. Your AQ will win more than 1/6 of pots v. 5 limping hands, so you should raise.

Abdul makes the same point in further detail here.

http://slicer.headsupclub.com:3455/16/54

No distinction is made, however, between hands that win small pots when they hit v those that win big ones, or hands that are easy to dump on the flop v. hands that disproportionately make expensive second best hands.

Should the proper analysis focus solely on the number of pots won or lost, or should the size of the pots won/costliness of pots lost also be factored in?