[einbert]

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Your going to the flop a dog and have a 35% chance of catching an ace or king.

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And you're getting like 6 or 7 to one on your money. Last time I checked getting 6-1 on a 2-1 (of course you won't be ahead every time you flop a pair but most of the time you will be) bet is good stuff.

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2. AKo does well against against few opponents and poorly in a big multiway pot.

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AK doesn't do so poorly in big multiway pots, especially when the players are really poor. Of the times you don't flop a pair, you will flop at least a nice draw the vast majority of the time.

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Theres a section on loose low limit games in
Hold'em Poker for Advanced Players
by David Sklansky (Author), Mason Malmuth (Author)

It talks about not raising in AKo but raising with JTs

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Have you read SSHE? If not you definitely should--you might reconsider your answer to this question after reading it.