Two things about what you said.
1. Yes, players do go on heaters, we all do, it's poker, but I'm never letting that deter me when I'm up against someone who's on a rush of cards. If they want to overvalue their hand, I'll happily take all their chips (most of the time - of course I'll lose on occasion), but I'm never going to be afraid to play that hand in the right situation.
2. If I'm on the bubble, and I have Aces, I'm probably never folding that hand pre-flop. I'm playing to win and accumulate chips, and it's not often you're going to be dealt Aces, so take advantage of those spots when you can.
This is probably the ONLY time folding Aces pre-flop is the correct play from an equity standpoint. If you are assured a seat to the target tournament you're playing in the satellite for, it's not going to matter if you finished with 5 big blinds or 25 big blinds, the prize is the same. In this instance, actually playing Aces when you are at risk of losing out on the prize in the satellite is the incorrect play.
I suppose if the cash is that significant, it's not terrible that you're folding Aces here. I can't say I love the play, but I do understand. I guess, if I'm going to take an extreme example, the Million Dollar One Drop at the WSOP. If I'm dealt Aces pre-flop and I am covered, but I do see someone at risk for their tournament life, and see that they are going to bust, then I would fold, but again, that's an extreme example, one I know I'll never be in.