rcrocketman
Rock Star
Silver Level
As hard as it is, if you limp AA, you need to be prepared to muck it if you get into a multi-way pot. I don't limp AA often, but, if i believe someone is going to raise behind me and I can re-raise them, then I'll limp.
I would probably smooth call with aces if the original raiser is very tight and no one else is likely to be in the pot. I think if you re-raise a really tight player, you may get a fold (depends on your table image). Chances are they have something like KQ, JJ, QQ, maybe AK....if they hit top pair on the flop, you will make a lot more, if they don't hit you'll get the same fold anyway.
Really, for me, aces are a great weapon used for one-on-one. So, basically, the strategy, in my perspective is this: Given the the dynamics of the table and your image, whatever you feel is the correct move to isolate a another player pre-flop (and get stacks in ASAP), well, that is the correct move.
Well said sir!
To OP... you'll often see players who like to limp AA KK (& AK) in EP, especially in early levels, in hopes of getting re-raised and then 4-betting big. Personally I think aside from this being super transparent and easy for villain to get away from, it is used more by freerollers & micro buyin players.
As far as 'how often' would I raise vs limp.... umm.. probably around 99% of the time I'm raising.