bad laydown???

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This hand isn't a way ahead or way behind situation. If the opponent has a flush draw, or something like a pair and a gutshot, you are not way ahead.

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Agreed.

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I read this alot, and I know that this means Way ahead/Way behind, but could someone please explain to me what this line is? Why is this a good line in this situation? Thanks.

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The classic WA/WB line occurs when you're HU, out of position and you are either ahead and your opponent is drawing to few outs, or you are behind and you are drawing to few outs.

In this case, if he has an A and you're way behind, but if he doesn't you would be way ahead if we ignore the flush draw. Of course, we can't, so I don't think WA/WB technically applies here, but I'd proibably play the hand the same.

OP, the line goes check/call the flop & turn, and bet the river. In this case you have position, so simply call down. If he checks anywhere along the line, bet (assuming a Diamond doesn't show up). Here's more.