[sholvar]

[ QUOTE ]
Final Pot: 16 BB

Results in white below:
BB has 5h 5s (two pair, queens and fives).
CO has 4s 4h (full house, fours full of queens).
Outcome: CO wins 16 BB

I'm glad I folded I would've lost this hand had I called.
BUT I'm still not sure about folding for 3/4 of a bet in a multiway pot.
I know I'm gonna have to hit the flop hard or flop a big draw and that I have the worst position . I understand just flopping a pair here is dangerous. In fact isn't this the type of flop I'd want if it had only been raised preflop ONE time? I had no reads on the player since I hadn't been at the table long if that makes any difference one way or another. And with only one bet at me I'm not automatically putting him on AA,'s KK's, etc.
I'd definitely like to fix this in my play if its a leak in my play but I don't want to become weak-tight either.

Thanks a lot for all the advice guys

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2 things for that:
1. even if this 2 guys would hold 32o both your desicion to fold was correct. You play poker to make the right desicions not to win every pot.
2. I didnt saw that you called the first raise. Your only chance of a good flop with KQ without raisers is something like JT3 or better JT9.
But anybody holding a Jackpocket in my example or an acepocket if you get a draw or a straight with Ace high, he has many outs to get a full house, sometimes much more than you, to get a straight.
KQ is no hand for calling raises on 10-handed tables.