#1: I bet out here because as splashpot said the guy's either a moron or has AA or KK (or both I suppose: I think its pretty stupid to do that with AA or KK and that many people still at the table anyway.) Anyway I want to find out now. If I check and he bets I learn nothing. If I bet and he reraises maybe I can start to reevaluate my read. I'm pretty sure he'll fold anyway though. Also if he is indeed a moron and just min-raised with a mediocre hand, chances are he didn't hit anything on the flop. It is my experience that when this happens a decent amount of those min-raisers will then just check the flop.....or min bet it. Because of these reasons I really think betting out is the better play.

Edit: typo