($24) ZOMG, never fold a set, right?

[Pocketbear]

The villain is a solid regular (~9% ROI) with 9/2.

Full Tilt Poker
No Limit Holdem Tournament
Blinds: t20/t40
8 players
Converter

Stack sizes:
UTG: t2310
UTG+1: t1455
MP1: t1740
MP2: t1455
CO: t1290
Hero: t1290
SB: t2460
BB: t1500

Pre-flop: (8 players) Hero is Button with 2[img]/images/graemlins/heart.gif[/img] 2[img]/images/graemlins/club.gif[/img]
UTG calls t40 <font color="aaaaaa">(pot was t60)</font>, UTG+1 folds, MP1 calls t40 <font color="aaaaaa">(pot was t100)</font>, MP2 calls t40 <font color="aaaaaa">(pot was t140)</font>, CO calls t40 <font color="aaaaaa">(pot was t180)</font>, Hero calls t40 <font color="aaaaaa">(pot was t220)</font>, SB calls t20 <font color="aaaaaa">(pot was t260)</font>, BB checks.

Flop: 2[img]/images/graemlins/spade.gif[/img] 7[img]/images/graemlins/spade.gif[/img] 3[img]/images/graemlins/club.gif[/img] (t280, 7 players)
SB checks, BB checks, UTG checks, MP1 checks, <font color="#cc0000">MP2 bets t280</font>, CO folds, <font color="#cc0000">Hero raises to t680</font>, 4 folds, <font color="#cc0000">MP2 raises all-in t1415</font>, <font color="#cc0000">Hero calls all-in t570</font>.

Standard even against this villain, right? What if the villain was, say, bigjoe?