[Masquerade]

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No one here has given a good reason why checking out when it is your turn to act is unethical, i.e., not conforming to approved standards of behavior.

It is allowed by the rules (as far as I know) and does not reveal anything about the cards in your hand. Indeed, checking out can affect the play of the remaining players, but so do every other motion or decision at the table. The fact that the first player to act decided to fold is just another piece of information that the remaining players will have to factor into their decision about how to play the hand.

Edit: You are under no obligation -- ethically or otherwise -- to protect someone else's hand or action.

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That's because it isn't unethical in the slightest but like Pavlovian dogs most posters here just react on cue to half-baked concepts they've misunderstood.

Oh, and btw, it isn't any more or less unethical in NL either.