[wtfsvi]

AQ is much less of a big hand once the stack sizes are as large as 100bb, like they are in cash games. You want hands that draws to the nuts or near nuts (when I say near nuts, read sets). AQo doesn't do that very well for you. (Allthough flopping broadway is probably the most profatble situation I can think of in SSNL, that won't happen very often.)

Reraising preflop would not be so bad. Calling puts you in an awkward spot though. Most of the time I'll be reraising or folding here, and which one I chose depends largely on villains raising range. (And on the probability of him calling me down with 88 on a K55 board. And on how likely he is to call my reraise with AJ/KQ or even worse aces, and then go broke when he flops top pair. And if he is so kind that he will come over the top with AA-QQ/AK so I can fold, I'm definitly reraising.) Anyway, being in a raised multiway pot with AQo in terrible position and without the initiative just sucks.