I think I'd much rather do this without big stack in the hand. What the heck is he limping with from UTG anyway (shouldn't he be raising pretty much anything he's willing to play).

I think you see a PP here a lot (and get called a lot when you push). Still, looks like it's probably pretty decently +$EV, and it gets moreso the looser UTG will call (I think this is more a function of the fact that you're a pretty distant 4th in EV before the hand, but doubling through here will move you up to a solid 3rd.