Am I playing my flopped set to its maximum value?

I only had 9 hands on the mp1 player (92/16) and 16 hands on the bb (37/0).

Should I be raising the flop to protect my hand against the possible flushdraw or re raising the turn when mp1 bets out?

Full Tilt Poker No Limit Hold'em Tournament - t25.00/t50.00 Blinds - 9 players
The Official 2+2 Hand Converter Powered By DeucesCracked.com

UTG: t3035.00 M = 40.47
UTG+1: t2915.00 M = 38.87
UTG+2: t3580.00 M = 47.73
MP1: t3365.00 M = 44.87
Hero (MP2): t3090.00 M = 41.20
CO: t2275.00 M = 30.33
BTN: t2685.00 M = 35.80
SB: t3185.00 M = 42.47
BB: t6285.00 M = 83.80

Pre Flop: (t75) Hero is MP2 with 7 7
3 folds, MP1 raises to t100, Hero calls t100, 3 folds, BB calls t50

Flop: (t325) 4 7 8 (3 players)
BB checks, MP1 checks, Hero checks

Turn: (t325) 4 (3 players)
BB checks, MP1 bets t150.00, Hero calls t150, BB calls t150

River: (t775) Q (3 players)
BB checks, MP1 bets t300.00, Hero raises to t800, BB folds, MP1 folds

Looks fine. I'd raise a tad more river.

As played it is fine. On the river definitely raise more to like 1k.

i like leading flop some like 40% pot , villains are frequently paying with 1 high club, mid pair, something like that...

I'm betting this flop every time. You're against two people who play WAY too many hands preflop so there is no reason to think they don't put in too much with too little post flop either. I'd bet something like 150 or 200 on the flop to get things moving quickly in the right direction.

this