One idea that really hit home to me that jeff brings up is the relationship between effective floating which he defines as "float equity" and implied odds.
If your opponents often c/f when a scare card comes in and they dont have it , you can call with any peice of the flop for profitable bluff opporutnites when the scare card comes.
If they instead pay you off when those cards comes with a wide range, nullifying your float attempts, your implied odds on your nut draws dramically increase.
Even if your opponent knows your floating a lot and plays a balance strategy to defend against it, your still extracting value. He must be folding some of the time, and paying you off some of the time...
While against a thinking player you probabily shouldnt be floating super light all the time.. Part of the time , it MUST be profitable.
Another mega reason why position is so important.
Now I need to develop some strategies for playing out of position against a solid player in position, nowadays I almost never feel like raising anything but premium stuff unless im on the button