lessee

In the final example, I would have thought putting the live 3 in back, particularly with the dead cards among those already set in back was the move. Can you explain in more detail why putting the 3 in the middle is better? Is it entirely due to the foul risk in the middle? Thanks much.

I wonder how these concepts can be effectively utilized in live play?

In Dan Harrington's latest book on tournaments (Part 3, under heading "playing the small pairs"), he says he wants to be able to win 20-25 times his call amount to jusatify seeing a flop with a small pair. Seems to be in line with your analysis. Utility change concept is new to me and seems quite valuable.