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Bad info, I would raise 78o to steal depending on the guys i'm playing. You should think more about stealing yourself. He has to raise that flop, and he has to bet the turn (and maybe fold to a raise there). I don't see any reason he should check that river either, he makes money by betting. He's going to get someone holding their big cards that didn't hit often here... AK/AQ and even the really bad ones that can't throw away anything at all, like KQ.

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I might raise 87o from the button against some blinds, but not from the cutoff. "Bad info"??? I don't think so. I believe telling people they should raise 87o from the c/o is bad info.

Putting one of the players on AK/AQ/KQ is ok. Putton both of them on those hands is wishfull thinking in a warped attempt to justify your hand being good. You will see TT, JJ and even QQ here very often.