I think this is a brilliant move in the SB if two factors are present:
1) The BB is actively raising often
2) You are a good post flop player; superior to your opponents if the play backfires.
The other day my buddy limped KK OTB cuz he saw the BB liked his hand and was getting chips ready. BB makes it $16 pre and he re raises to 60. BB flats and board comes out Q high and he ships it in for $130 more and villain snaps. Villain showed KQ and said "I put you on AK"
(and I'm thinking why would he call pre then?
)