I like 25-26 since the board is so wet... and that's how I would bet my entire range on this hand... but agree for the most part.
When you say the board is wet, are you saying it's wet because of the straight draw and flush draw, or are you saying it's wet because it collided with his range like an iceberg and the titanic?
If you're saying we should bet more because of the straight and flush draw, then that doesn't make much sense because none of the hands in his range can be on a straight or flush draw. If you're saying we should bet more because the board connects with his range, then that doesn't make any sense either.
Let's say his range is AJ+, 99 - QQ. I don't think he shows up with AA/KK ever.
So, if we bet, all the Ax hands are raising or flatting and all the pairs are folding. There are 19 combos of pairs vs 33 combos of Ax hands. So pairs make up 36% of his range. (19 / 52 = 0.36).
Doesn't that mean any time we put in more than $17 we are making a -EV bet? I think this is why this is another one of those flops (like in TrueAce's thread) that we should be betting less on, as opposed to more.