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thanks, very good/well explained answer. About this portion of your reply I'd like to discuss it further if you can offer more insight.
So any idea why the 'more x back, bigger sizing' rule doesn't seem to apply here?
PIO is a tool, and it depends heavily on your input. What you input is based on your beliefs about the players, such as ranges and bet sizing options.
Also, I do not have a rule that correlates bet sizing to *assumed* checkback frequency.
‘Smaller’ vs ‘larger’ bet sizings can vary across different players strategies. For instance, I did not make a cbet of 23 percent pot size in 2018, and don’t plan to in 2019.
So, for me to even guess about why PIO says what it says when you enter what you enter is pointless.