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I'm not sure, but I believe preflop is a marginal raise/call and a borderline fold.

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That's terrible advice.

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You're right. I screwed that up big time.

I thought the raise would be much better in a game where there's fold equity from the blinds (virtually non-existant in 1/2). After running poker stove, I'm seeing that ATo wins about 30% 5 handed against 2 random blinds and two loose limpers.

Hand 1: 10.5502 % 10.35% 00.20% { random }
Hand 2: 15.9118 % 15.61% 00.30% { random }
Hand 3: 21.3457 % 20.72% 00.63% { 22+, A2s+, K2s+, Q2s+, J2s+, T2s+, 92s+, 82s+, 72s+, 62s+, 52s+, 42s+, 32s, A2o+, K9o+, Q9o+, J9o+, T9o, 98o, 87o, 76o }
Hand 4: 22.8457 % 21.32% 01.53% { 22+, A2s+, K2s+, Q2s+, J2s+, T2s+, 92s+, 82s+, 72s+, 62s+, 52s+, 42s+, 32s, A2o+, K9o+, Q9o+, J9o+, T9o }
Hand 5: 29.3466 % 28.25% 01.10% { ATo }