Whether it's profitable to call depends on the SB's style and on how much of a skill advantage you have. Card-wise, you can assume you're behind, but you do have position. So as a straightforward example, if you know he's a fit or fold type, you'll have quite a few chances to take the pot by betting after he checks the flop. But against a frequent c-bettor, you'll find yourself in a lot of situations that aren't favorable.
Against most opponents, I fold. But I'd lose less because my standard button open is less than 0.85.