[brian64]

I think you have V1 and V2 switched in the seating, otherwise it doesn't make sense.

Call or fold, your best chance is that V1 busts out on the hand, and you have little equity beyond that. If you call and then you and V1 both bust out, you still get 2nd don't you? V1 didn't re-raise pre-flop so he probably doesn't have a monster hand. It might make sense to call just in case V1 is beaten for the high (e.g. V2 has a better flush than V1) and has some sort of low draw.