sigh, yes lets rebluff his hands that have very little equity vs us, & rep a v draw heavy range in the process. just float, allow his and UTGs much worse ranges to come along and rep many turns/rivers to take it away later vs their capped ranges and stack them on gin cards. we get same value from draws but can also credibly rep many more hands.
when we raise:
if he has value hands he either calls flop and calls down many bricks/cards that he doesn't believe hits ur range (ur not going to be reraising alot of reverse implied hands etc.) or he shoves, so we get some value from his draws that peel/value hands, but we also only flip vs bottom of his shoving range.
floating:
he bets many turns so we still get the value we wud get from his peel, we can stack him when he has reverse implieds, we credibly rep many more hands on many more turns and we also allow utg to come along with his super weak range. we realise equity vs his value hands and also can make him fold out many more Jx type hands.
yes i agree ur line is going to be +EV thx to capped ranges and good equity, but i don't think it's optimal