Getting levelled in 3 bet pots

[Daddy Warbucks]

This is probably going to make for a crappy thread, because its so situation/flow dependant, but maybe it'll generate some good theory discussion, here goes anyway.

Villain is a good aggressive regular, 19/16/5. He definitely understands bluff pushing in 3 bet pots and polarised ranges. Is this EVER a call? And with this is mind that a player can make these moves, does checking behind become optimal?

Party Poker, $1/$2 NL Hold'em Cash Game, 6 Players
LeggoPoker.com - Hand History Converter

MP: $328
CO: $172.45
BTN: $156.70
SB: $201
Hero (BB): $200
UTG: $175

Pre-Flop: A[img]/images/graemlins/diamond.gif[/img] K[img]/images/graemlins/club.gif[/img] dealt to Hero (BB)
4 folds, <font color="red">SB raises to $8</font>, <font color="red">Hero raises to $24</font>, SB calls $16

Flop: ($48) 5[img]/images/graemlins/heart.gif[/img] 8[img]/images/graemlins/diamond.gif[/img] 3[img]/images/graemlins/diamond.gif[/img] (2 Players)
SB checks, <font color="red">Hero bets $38</font>, <font color="red">SB raises to $177 and is All-In</font>, Hero folds

Results: $124 Pot