mid pair hand multiway 20/40

[Hobbs.]

a 20/40 game at foxwoods last friday night. villain 1 is a late 20s fat guy that thinks he is good but in general is too loose and too passive, but is prone to bouts of aggressiveness. Villain is running sick hot and peels flops with a wide range of hands.

fat guy open limps in early MP, villain 2 limps OTB, I complete in the sb with 75hh, bb checks.

flop is 8 [img]/images/graemlins/diamond.gif[/img] 5 [img]/images/graemlins/spade.gif[/img] 2[img]/images/graemlins/diamond.gif[/img]
I check, bb checks, fat guy bets, villain 2 calls, I call, bb folds.

turn 8[img]/images/graemlins/heart.gif[/img]
I bet...

I was planning on folding to a raise. If called I'm likely going to check most rivers if hu or 3 ways and call (but not overcall) depending on how pretty or ugly the river is.

Do we like?