Re: why does anyone ever play KQo?
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I think you played it fine postflop. It really is a crap hand though. I'd never play it UTG.
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KQo has to have a very special set of circumstances to win a large pot, and much more often winds up in a tough spot.
The only big pots KQo wins in my last 2 PT databases (~160K hands) are when:
1) I turn 2 pair vs a flopped 2 pair etc
2) 2 pair hands (AJ, AT, JT) and sets pay off straight.
3) I fill up, and opponent has AK, AQ. Lucky me.
Most of my final KQo hands show up as "folded - After flop", "folded - after river"...
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