30nl - KQ turns monster draw

[ddrstel]

Villain likes to c/r flop with hands as weak as TPNK. He's the type to slowplay, so i discount 33/99/TT. I'm pretty certain his range here is AT-T9 and possibly JJ. Villain is 40/6/1.

Without doing the maths, i think i have enough FE here to make this a viable play... am i nuts?
I figure for villain's range, calling the turn will likely cause villain to shut down on all my outs, getting little to no value.

Full Tilt Poker, $0.15/$0.30 NL Hold'em Cash Game, 5 Players
LeggoPoker Hand History Converter

SB: $13.70
BB: $50.60
UTG: $44.55
CO: $29.25
Hero (BTN): $59.85

Pre-Flop: K[img]/images/graemlins/diamond.gif[/img] Q[img]/images/graemlins/diamond.gif[/img] dealt to Hero (BTN)
UTG calls $0.30, CO calls $0.30, <font color="red">Hero raises to $1.65</font>, 3 folds, CO calls $1.35

Flop: ($4.05) T[img]/images/graemlins/diamond.gif[/img] 3[img]/images/graemlins/spade.gif[/img] 9[img]/images/graemlins/club.gif[/img] (2 Players)
CO checks, <font color="red">Hero bets $2.40</font>, <font color="red">CO raises to $4.80</font>, Hero calls $2.40

Turn: ($13.65) 3[img]/images/graemlins/diamond.gif[/img] (2 Players)
<font color="red">CO bets $4.50</font>, <font color="red">Hero raises to $53.40 and is All-In</font>

Comments on all streets appreciated.