[plz]

Just some random observations and comments based on my experience:

As Colquhoun notes, in the long run you WANT players like this at your table since their playing style is definitely minus EV. But in the short run, these players can win hugely if the deck runs them over. I've played at $2 - $4 tables in Las Vegas and seen these types of players win $600+ in the course of four hours without ever making an intelligent bet or poker decision.

When I've played at tables like this, I've had to work hard at (1) continuing to make the right bets despite getting constantly sucked out against my good hands, and (2) fighting the frustration of watching poor players and dumb bets win in the short term, especially when I'm card dead for a few hours. If you've experienced the same feelings, you know what I'm talking about.

Personally, I no longer play limit games when I go to Las Vegas precisely because I don't like these types of players. I'll play either $1 - $2 or $2 - $5 no-limit, since I have more control in these games. Still, I've had significant losses at times in NL since the loose players can always suck out against your better hand, but if you have even just average luck in a NL cash game, you can do really well once you've read the table accurately (there always seem to be a fair number of players who will play any ace, any two suited cards, and any two connectors, and these players can be like an ATM).

In the home game in which I play, we mostly play pot-limit games rather than limit, and even at starting blinds of $0.25 - $0.50, the bet sizes can get very large very rapidly, allowing almost the same level of control as an NL holdem game.

Don't hesitate to post updates about your progress in playing this type of game!