Another Early Blind hand (TPGK)

[Taraz]

This is a good fold, right? There is no point in fighting for this pot so early I think. I'm not sure if I should have just bet out, but I knew I'd fold to a raise and shut down to the inevitable call from one of the many limpers. I've been trying to avoid getting involved with TPGK and TPWK in the early running. Please tell me I'm right . . .

Party Poker No-Limit Hold'em Tourney, Big Blind is t15 (10 handed) converter

MP3 (t760)
CO (t710)
Button (t1005)
Hero (t785)
BB (t635)
UTG (t740)
UTG+1 (t830)
UTG+2 (t770)
MP1 (t995)
MP2 (t770)

Preflop: Hero is SB with T[img]/images/graemlins/heart.gif[/img], A[img]/images/graemlins/club.gif[/img].
UTG calls t15, UTG+1 calls t15, UTG+2 calls t15, MP1 calls t15, <font color="#666666">2 folds</font>, CO calls t15, Button calls t15, Hero completes, BB checks.

Flop: (t117.50) 3[img]/images/graemlins/club.gif[/img], A[img]/images/graemlins/spade.gif[/img], J[img]/images/graemlins/heart.gif[/img] <font color="#0000FF">(8 players)</font>
Hero checks, <font color="#CC3333">BB bets t15</font>, UTG folds, UTG+1 folds, UTG+2 calls t15, <font color="#CC3333">MP1 raises to t50</font>, CO folds, Button folds, Hero folds