Face death and spit in it's eye? Or flee like a frickin coward?

[DesertCat]

We were down to about 100 out of 400. I had been cold-decked and dropped to 1000 before I started getting more aggressive about blind steals. When I was dealt the ducks I thought this is perfect opportunity, since the BB is fairly tight (21% VPIP) and I have some type of hand.


Party Poker No-Limit Hold'em Tourney, Big Blind is t150 (10 handed) converter

Button (t1385)
SB (t642)
BB (t4370)
UTG (t3675)
UTG+1 (t2165)
UTG+2 (t885)
MP1 (t4475)
MP2 (t6935)
Hero (t1722)
CO (t2670)

Preflop: Hero is MP3 with 2[img]/images/graemlins/club.gif[/img], 2[img]/images/graemlins/diamond.gif[/img].
<font color="#666666">5 folds</font>, <font color="#CC3333">Hero raises to t400</font>, <font color="#666666">3 folds</font>, <font color="#CC3333">BB raises to t800</font>

I figured it was either all-in or fold. What's your decision and why?