[Custer]

"But if every single hand is getting raised ahead of Hero's rapidly-shrinking stack, I can see making this play as a lesser-of-two-evils compromise."

I disagree with this. You can always raise UTG. Meanwhile, if lots of hands are getting raised, someone else might call. And if someone raises and someone calls and neither of those someones are you, you gain tournament EV.

So, unless you are sure that villain is raising any 2, or that he will fold too often to your reraise, I'd rather foldt his hand and just raise when its folded to you.

moses