I would say that I have to attest to the fact that this type of play is not only effective but essential to success at the table. I would add one more little ingredient to the mix. Count your hands played, and see if you are able to effectively get a read on your table within the first or second round of the button. I have noticed that in many poker rooms, if you do not make an action within the first or second round of the button, you will be moved to a new table. I am thinking they do this to minimize your advantage at the table. Kind of sucks, but it happens.
I practice this at cash game tables by limiting my play to 30 hands or when I double up. At that point, it's on to a new table. I feel that if I can't get a read on a table in less than 30 hands, I am in over my head. It has worked wonders for my reading skills.
Also, use the notes feature of online poker rooms extensively. Mark players, label them tight/loose, aggressive/passive, hard to read, or I like to label those very skilled opponents "muck in case of strong actions", LOL. Anyway, this is extrememly good advice. My own mantra is "aggression plays".
We've all heard it before, "...the opponent can't fold if you don't bet/raise to them", or "putting pressure on a player will either let you know if they have the nuts, or if they think they have the nuts; with that information you will be able to more effectively control the pot."
Being active and aggressive let's you be in control of the betting action, can flip the power of position in many cases, and will mark you as a very dangerous opponent at the table. All three will enhance your ability to extract chips from others, and put donkey pelts on your walls, floors, and wherever else you like to lay them.
Good luck on the felt folks.