Caught stealing

[ticks]

I play very aggressively and try to steal the blinds as often as I can.
A few days ago this hand came up.
Villain is very loose.
As far as I can tell, he is giving me correct odds to call all the way.
Perhaps the preflop call is questionable,
but it his reraise seems to scream a big pocket pair that he cant lay down.
I.e. my implied odds should be pretty good.
Thoughts?

Party Poker No-Limit Hold'em, $ BB (6 max, 3 handed) converter

Hero ($22.95)
SB ($12.77)
BB ($31.30)

Preflop: Hero is Button with 8[img]/images/graemlins/heart.gif[/img], 7[img]/images/graemlins/diamond.gif[/img]. SB posts a blind of $0.10.
<font color="#CC3333">Hero raises to $1</font>, SB (poster) calls $0.90, <font color="#CC3333">BB raises to $2.75</font>, Hero calls $2, SB folds.

Flop: ($7) 4[img]/images/graemlins/heart.gif[/img], T[img]/images/graemlins/heart.gif[/img], 9[img]/images/graemlins/spade.gif[/img] <font color="#0000FF">(2 players)</font>
<font color="#CC3333">BB bets $4</font>, Hero calls $4.

Turn: ($15) 8[img]/images/graemlins/spade.gif[/img] <font color="#0000FF">(2 players)</font>
<font color="#CC3333">BB bets $5</font>, Hero calls $5.

River: ($25) 7[img]/images/graemlins/heart.gif[/img] <font color="#0000FF">(2 players)</font>
BB checks, Hero calls $10.95 (All-In), BB calls $10.95.

Final Pot: $46.90