Re: uh-oh
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I think you're beat...
However, based on your assessment of what the SB MUST know about your play... you have to assume that he knows you have an above average hand (top two, set, ect...).
I HATE the idea of a good player at the table (especially at this level) KNOWING that you'll muck an above average hand for one bet or one C/R. That's pretty scary.
Usually I think "meta-game" arguments are just excuses to do lose crazy stuff... but in this case I think you need to show-down for one bet.
You don't really want to give this guy a license to take shots across your bow in every 15 BB pot do you? :-)
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I do not think that folding here is exploitable. In order for SB's play to work as a bluff, many many things must come together prefectly. He needs to be in a position where he (a) has a hand that can call preflop AND (b) withstand all the flop action AND (c) manage to see the river AND (d) have the turn and river fall in such a way that a good player in the BB can reasonably deduce that he has a flush AND (e) MP has to have hand that he clearly doesn't like. This simply doesn't happen very often.
Folding here may actually be beneficial, as some may notice this fold and start taking shots in spots where I would never ever fold.
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