Villain sounds very aggressive, so this is probably a pretty good way to play it. He will keep betting and you win more when ahead (but, is he folding to a flop lead or check-raise, or will he generally call down?) and lose less when behind (I think it would be tough to bet/fold against this LAG).

Interested to hear what others say about the bet/fold or check-raise/fold lines. I often take one of those routes, and maybe that is incorrect against this kind of player in this spot.