Fundamentally Misplayed 76s?

[DavidC]

My thoughts:
-The limp was fine
-The raise was slightly bigger than the pot
-Since I'm going to hit a four-flush 1/8 times, I figured I had fine odds to call.
-However, this isn't good because the action on the flop is going to be heavy, and therefore I won't be able to draw to my flush or straight

Unfortunately no reads on the players yet.

Do you guys agree that this raise was too large for me to call?

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Party Poker No-Limit Hold'em, $ BB (9 handed) converter

BB ($33.95)
UTG ($50.86)
UTG+1 ($14.5)
MP1 ($56.72)
MP2 ($62)
MP3 ($58.35)
Hero ($49.25)
Button ($55.85)
SB ($49.5)

Preflop: Hero is CO with 7[img]/images/graemlins/spade.gif[/img], 6[img]/images/graemlins/spade.gif[/img]. SB posts a blind of $0.25.
UTG calls $0.50, UTG+1 calls $0.50, <font color="#666666">2 folds</font>, MP3 calls $0.50, Hero calls $0.50, Button calls $0.50, <font color="#CC3333">SB (poster) raises to $2.75</font>, <font color="#666666">1 fold</font>, UTG calls $2.50, UTG+1 folds, MP3 folds, Hero calls $2.50, Button calls $2.50.

Flop: ($13.50) Q[img]/images/graemlins/club.gif[/img], 2[img]/images/graemlins/heart.gif[/img], 4[img]/images/graemlins/club.gif[/img] <font color="#0000FF">(4 players)</font>
<font color="#CC3333">SB bets $13</font>, UTG folds, Hero folds, <font color="#CC3333">Button raises to $30</font>, SB calls $33.50 (All-In), Button calls $16.50.

Turn: ($106.50) 8[img]/images/graemlins/heart.gif[/img] <font color="#0000FF">(2 players, 1 all-in)</font>

River: ($106.50) 9[img]/images/graemlins/spade.gif[/img] <font color="#0000FF">(2 players, 1 all-in)</font>

Final Pot: $106.50