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With two opponents perhaps a check raise on the flop is a better line for this hand.

If you are beat you are getting 3 bet here then its an easy fold.

If your raise is called then you are most likely looking at a flush or straight draw and you can then bet/fold the turn if no scare card falls.

Thoughts?

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I hate it. By playing the hand this way you are going to lose a minimum of 2sbs every time when you dont have the best hand. If you bet the flop and fold to a raise, you can get away from this hand for only 1 sb. Or if you bet and both opponents call you can get away from this hand for only one sb when you check/fold the turn.

Also your plan implies that you will gain some kind of reliable information from this checkraise, this is usually not the case since not everybody plays the same and reacts the same to a checkraise.