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I would definitely NOT raise preflop. We're raising out of position into a pot of 4 players, what do we hope to accomplish? Since our hand doesn't have that large of an edge preflop, buliding the pot doesn't seem like a great idea, especially with our relative position. If we do flop a pair, we'd like to keep the pot small here IMO. If it was suited, I'd definitely raise. In this situation I think a call is more than warranted.

And if I'm wrong, please correct me. What is our edge against 4 limpers?

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This is my thought on the matter aswell...