I think this play has value at the highest buyins. When all the other players are very aware of one another's games there could be a definite advantage in a call here. Not only does the pot offer odds for a coinflip or near-coinflip, but it also announces to the rest of the table that the caller has a looser range of calling hands than they would normally assume.

If the caller doubles up he will be less likely to have his blinds pushed over. Given these circumstances, the caller has two choices and three outcomes:

1) fold - gain nothing
2a) call - lose
2b) call - double up and gain blinds later from narrower opponent pushing ranges

Under this reasoning a call is clearly +EV.

But what do I know? I push bot the 22s and fold pocket deuces here every time because I can just steal blinds later from my too-tight opponents.