You\'re missing my point
It's not the one yutz you're worried about in a super-loose game, it's the crowd of yutzes who will not only call your raise preflop, but call your flop bet with middle or bottom pair, a gutshot, or a backdoor, and call your turn bet ditto. Against just one yutz, you're a favorite. Against many yutzes, your one-pair hand (which is what AQ or AK will usually build) is a dog.
PLEASE read Morton's Theorem, then come back and post again when you've thought it through. I believe if you search the Web you'll find not only the original theorem, but discussions of it by Mike Caro and others.
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