What do you think of this Gus Hansen play?

[bigredlemon]

WPT Bad Boys of Poker. I believe only #1 gets paid.

Blinds are 6,000/12,000 /w 2000 ante. 5 handed.

Antonio Esfandiari and Gus Hansen both the chip leaders with about 430,000 each. Everyone else has about 200,000.

Esfandiari raises from early to 29,000, and is folded to Gus in SB, who raises to 100,000 with T [img]/images/graemlins/diamond.gif[/img] 8 [img]/images/graemlins/diamond.gif[/img].

Esfandiari re-raises all in to 434,000. Gus Hansen calls.

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what do you think of this play? Is there any reasonable reads in which this play would be correct?