[afreeman]

[ QUOTE ]
Or should I have just laid it down on the flop. I knew I was gambling, but I had every right to think I was ahead. It was a very interesting hand.

[/ QUOTE ]

Probably should have folded it. Assuming you're going all the way to the river, AQ is only about a 5% favorite against any two cards. See:

Hand 1: 54.7694 % [ 00.53 00.02 ] { AhQh }
Hand 2: 45.2306 % [ 00.43 00.02 ] { random }

So yeah, you're ahead, but I would wait until you have a better spot to stack him.

Plus, by giving him a few small pots and judiciously massaging his ego, he'll probably be encouraged to keep rebuying. Try to work in some key phrases here like "wow, you're really the man tonight" and "gee, you've really got some balls; I could never do that".

Then nail his idiot ass to the wall.