Late in $4/180, 77 on the button

[markdeeznutz]

Am I ahead of the limp reraisers range here? If not, am I getting the implied odds to call with these stack sizes?

BB (t16337)
UTG (t6173)
UTG+1 (t3435)
MP1 (t3865)
MP2 (t11195)
CO (t8146)
Hero (t25264)
SB (t35633)

Preflop: Hero is Button with 7[img]/images/graemlins/heart.gif[/img], 7[img]/images/graemlins/diamond.gif[/img].
<font color="#666666">1 fold</font>, UTG+1 calls t200, <font color="#666666">1 fold</font>, MP2 calls t200, <font color="#666666">1 fold</font>, <font color="#CC3333">Hero raises to t1200</font>, <font color="#666666">2 folds</font>, UTG+1 folds, <font color="#CC3333">MP2 raises to t5000</font>, Hero..?