What would you have done here?

[craiga_uk]

Game #101047023: Texas Hold'em No Limit ($0.50/$1) - 2004/09/23 - 22:16:10 (GMT)
Table "Sterling" Seat 7 is the button.
Seat 1: Papadopo ($48.25 in chips)
Seat 2: BackRoad ($127.50 in chips)
Seat 3: Fred04 ($77.25 in chips)
Seat 4: meganinja ($100 in chips)
Seat 5: Colossus ($76 in chips)
Seat 6: drawkcab ($35.50 in chips)
Seat 7: Craiga_uk ($48.50 in chips)
Seat 8: roya ($25 in chips)
Seat 9: Domin1008 ($46 in chips)
Seat 10: Jdc12ttc ($70.50 in chips)
roya: posts small blind $0.50
Domin1008: posts big blind $1
meganinja: posts big blind $1
----- HOLE CARDS -----
dealt to Craiga_uk [Qd Kh]
Jdc12ttc: calls $1
Papadopo: calls $1
BackRoad: folds
Fred04: folds
meganinja: checks
Colossus: folds
drawkcab: folds
Craiga_uk: raises to $5
roya: folds
Domin1008: calls $4
Jdc12ttc: folds
Papadopo: folds
meganinja: calls $4
----- FLOP ----- [7s Jh 4h]
Domin1008: checks
meganinja: checks
Craiga_uk: bets $4
Domin1008: folds
meganinja: raises to $12
Craiga_uk: folds
Returned uncalled bets $8 to meganinja
meganinja: doesn't show hand
meganinja collected $24.25 from Main pot

How would you have played this hand?
I'm not sure I should have raised it up to start with - I was hoping for something more on the flop.

[wuwei]

You'll get better quality responses in the small stakes pl/nl forums, I'm sure. I'd fold the flop, as well... but what do I know!