I've done this a few times lately and wonder what you guys think of it.

Let's say it's early in the tournament, I'm on the CO with QJs and there's 3 limpers before me. I limp as well, SB limps, BB checks.

Flop comes T53 with two of my suit. There's a few checks, a small bet (often less than half-pot) and a fold to me. I raise a decent amount to close to pot size.

Here's why I like doing this:

The small bet could be a weak middling pair and will fold to my raise.
Not many people will RR my RR here without a monster.
I have overcards with my flush draw.
Most of the time the turn will be checked to me after this.
If I hit my flush they aren't as likely to put me on it.

I wouldn't do this if someone bets more than half-pot. Only against the small bets that happen somewhat often in early levels.

So far the most often occuring result is everyone folds and I take down the pot. Other times I get one caller or two at most, and they check the turn.

Looks good to me, it's a fairly standard move and it'll work almost everytime.

Good point. Perhaps I could have renamed the post to "NL Semi-Bluffing in Position". When you semi-bluff out of position, you obviously have little chance of gaining the "free card" benefit.

Use it often as well but I would not want more then two players in the pot. The scenario here is just too many players live. With this many players i would just minireraise ( or flat call ) here and see if no one was slowplaying his trips. If I am heads up i can still use my position and get a free card on river.
I think you get the same effect for lesser chips at risk.

Also if you have to show your cards I would not make that move again and make sure you are not playing with regulars who have seen you do it.