AK early in Triple shootout

[wannabe2]

ok.. so i was discussing this hand with someone and we both have completely different views on the hand.
keep in mind this is the 3.30 triple shoootout turbo on stars, so chances/ opportunities for doubleups are thin.

History is guy has opened one hand and was folded back to him.. now obviously, his reraise means strength, but i feel in these tournies, you cannot pass up the fact that his range for that is 1010-QQ maybe AQ and that I am willing to race in these situations where as my friend thinks that i should be folding there and looking for situations where i am AT LEAST 65-35 or 80-20 and that i shouldn't gamble that early on just a "drawing hand"

now lets stay away from being results orientated.. but what are some thoguhts..

PokerStars Game #13368872448: Tournament #67347602, $3.00+$0.30 Hold'em No Limit - Match Round I, Level I (10/20) - 2007/11/20 - 22:19:27 (ET)
Table '67347602 79' 9-max Seat #8 is the button
Seat 1: tampico57 (950 in chips)
Seat 2: BONGSNEIOUN (1490 in chips) is sitting out
Seat 3: acejay0313 (1420 in chips)
Seat 4: MeekRN (1470 in chips)
Seat 5: BabyxDino (2700 in chips)
Seat 6: LuckyLuigi2 (1600 in chips)
Seat 7: cope4x4 (1290 in chips)
Seat 8: Nlabdog2007 (1100 in chips)
Seat 9: Chewie35 (1480 in chips)
Chewie35: posts small blind 10
tampico57: posts big blind 20
*** HOLE CARDS ***
Dealt to LuckyLuigi2 [Ac Kc]
BONGSNEIOUN: folds
acejay0313: folds
MeekRN: folds
BabyxDino: folds
LuckyLuigi2: raises 60 to 80
cope4x4: folds
Nlabdog2007: folds
Chewie35: raises 260 to 340
tampico57: folds
LuckyLuigi2: raises 1260 to 1600 and is all-in
Chewie35: calls 1140 and is all-in
*** FLOP *** [Qh 6h 5d]
*** TURN *** [Qh 6h 5d] [Ts]
*** RIVER *** [Qh 6h 5d Ts] [3h]
*** SHOW DOWN ***
Chewie35: shows [Th Jd] (a pair of Tens)
LuckyLuigi2: shows [Ac Kc] (high card Ace)
Chewie35 collected 2980 from pot
*** SUMMARY ***
Total pot 2980 | Rake 0
Board [Qh 6h 5d Ts 3h]
Seat 1: tampico57 (big blind) folded before Flop
Seat 2: BONGSNEIOUN folded before Flop (didn't bet)
Seat 3: acejay0313 folded before Flop (didn't bet)
Seat 4: MeekRN folded before Flop (didn't bet)
Seat 5: BabyxDino folded before Flop (didn't bet)
Seat 6: LuckyLuigi2 showed [Ac Kc] and lost with high card Ace
Seat 7: cope4x4 folded before Flop (didn't bet)
Seat 8: Nlabdog2007 (button) folded before Flop (didn't bet)
Seat 9: Chewie35 (small blind) showed [Th Jd] and won (2980) with a pair of Tens