Reverse Implied Pot Odds

[chucklhead]

Howdy,
In TOP, Sklansky gives the following example of reverse implied pot odds.

You hold:
A [img]/images/graemlins/spade.gif[/img]A [img]/images/graemlins/club.gif[/img]

Flop comes:
7 [img]/images/graemlins/heart.gif[/img]8 [img]/images/graemlins/heart.gif[/img]T [img]/images/graemlins/heart.gif[/img]

He suggests throwing this hand away. Are you giving too much up if you always throw this hand away? A similar hand came up recently--I was in a 3 way pot (after my pre-flop raise). A loose player bet into me from the small blind and the 3rd in the pot (UTG position) called. The bluffer had been playing any two suited and any two straight, one gappers, and any A, K and occasionally a Q. I ended up throwing this hand away and it would have won in the end.

Thanks,
Chucklehead