[Jorge10]

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Wow, this one is tough. However, I think you played it optimally, but by a very thin margin (flop fold is absolutely an alternative). I don't think you have to be afraid of neither top set or top two pair, as I figure he would have bet at least the pot in those cases. Neither do you usually have to fear A34 with a flush draw here, as that hand warrants at least a pot bet (although without reads you certainly can't discount the possibility entirely). The two spades in your hand are two cards less for villain to fill up a very possible nut flush draw. The biggest risk you are running by peeling one off is getting squeezed by a checkraising set or a big draw. If the 5 had been a 7 or 8 instead, continuing in this hand would feel much more comfortable, but as it is, I am still slightly leaning towards calling flop and pushing any high non spade turn (if it's headsup).

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I dont think the issue is with just the bettor. It seems like the bettor is weak based on his bet, but the issue here is that there are 3 people who are yet to act behind him that are likely to have checked a monster hand because the bettor raised to 6.5 times the BB preflop and most players would figure the raiser was thinking of getting it all in on the flop.