I don't mind calling this preflop, since we're in position. Had the 3-bettor been on the button instead of in the blinds, I might have 4-bet just to save myself the awkwardness of deciding what to do with a flop like, for instance, this one.
I don't like floating this flop. We're drawing to either 3 outs or runner-runner flush/straight the majority of the time unless we can peg this player for a live one, and his stats don't appear to suggest it. What are we hoping will happen on the turn? If we make him wilder than he seems to be and assign him a range of TT+, AQ+ we have 25% equity, and severely reverse implied odds
In the absolute best scenario, he has TT and we draw to six outs, and hit an ace or a king on the turn and he stacks off with third pair. In this utopian scenario, we still can't profitably call.
We need to win back seven times what we call on the flop in order to justify it, which is an amount that just isn't there.
And that's the BEST case scenario. It all goes downhill from there.
I bleed money with loose calls all over the place, but I have no problems making this fold.