[jdl22]

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Who should play no limit or pot limit ring games- only those who are perfectly risk neutral?

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A player who is risk averse or loving and equally skilled in both will in theory make the most money in limit. The problem is that big bet games exploit these players tendencies to do things that don't maximise their EV.

That doesn't necesarily mean you should avoid them if you're risk loving or averse. As I said you probably have more fun in big bet poker if you are risk loving. Also, this is the type of "all else being equal" comparison that us economists like to make. In otherwords all else being equal risk averse players make more in limit poker for the reasons mentioned. However, if the NL games are particularly good and the limit games aren't in the local cardroom then a risk averse player would probably end up making more money in the NL game despite her tendency to fold "too much."