Slow-playing is used as a way to extricate as many chips as possible from an opponent. If you're in a winning position early on - for instance, if you make a straight or a flush on the flop - it's a good idea not to show too much strength because if you do you'll likely scare experienced players off the pot. By slow playing - checking or making small "feeler" bets - you encourage people to keep paying out chips.
I quite like check-raising - slow playing a good hand to encourage betting, and then re-raising to demonstrate strength, scare people away and claim the pot without having to show my cards.
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"I think therefore I am," I told the prostitutes. Talk about putting Descartes before the whores.
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