Looks very good. I'm pretty sure raising any of BB's bets from here on (3-way with BB having initiative) isn't a good idea...barring some backdoor spades or an A or K on the turn.

The times we're behind to BB's AA or KK, we go for less. The times we're tied with the BB, we are able to extract from the SB, and the times we're ahead, we still get bets in on every street without folding the SB's losing hands out. Also, we'll obviously be betting if checked to us. (Sort of like a WA/WB situation)

One thing I disagree with...

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I think SB will lead any pair here or draw here, and BB will probably raise 88+ or any K or a good draw

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Based on BB's stats, there should be no way for him to have any king unless he's chopping with you.

There's an outside chance that SB has a set, but other than that, I can't see him being ahead of you. Also, I can't see raising at all this hand unless SB folds and you find yourself HU with the BB. Even at that, raising the river would probably be the best play.