Is this a bad call?

[locutus2002]

Final table party $30. Table has been 5 handed unusually long. Every player has been all in to showdown at least twice. There's been alot of suck outs and tempers are flaring.

#Game No : 2771224234
***** Hand History for Game 2771224234 *****
NL Texas Hold'em Trny:16037276 Level:21 Blinds (10000/20000) - Sunday, September 25, 01:41:45 EDT 2005
Table Multi-Table(467143) Table #1 (Real Money)
Seat 8 is the button
Total number of players : 5
Seat 1: Locutus2002 ( $167232 )
Seat 5: montyj51 ( $405280 )
Seat 8: TheOerth ( $103060 )
Seat 7: filtzanidis ( $182774 )
Seat 10: johntranijr ( $254654 )
Trny:16037276 Level:21
Blinds (10000/20000)
** Dealing down cards **
Dealt to Locutus2002 [ 8s Qs ]
montyj51 raises [40000].
filtzanidis folds.
TheOerth: u dont deserve this tourney
TheOerth folds.
johntranijr calls [30000].
loud423: he had ahand...chill out
Locutus2002 calls [20000].
** Dealing Flop ** [ 2c, Qd, 2h ]
Santasbanana: I'm sure all you cards came from skill
johntranijr checks.
Locutus2002 checks.
montyj51 bets [20000].
Santasbanana: you hypocrite
johntranijr is all-In [214654]
Your time bank will become active in less than 20 seconds. If you do not want it to be used, please act now.

[Exitonly]

i'd probably fold PF, or maybe push trtying to squeeze them.

on the flop, i'd probably call, you're getting good odds, and thats the kind of board that he'd push a middle pair with. Also a Q, but you could very well be good here.