This is basically a call with any two cards due to pot
odds. There is almost 4BB in the pot, and its only 1,65BB more for you to call. Calling and losing will not send you out of the tournament, so this is in no way, shape or form "ICM suicide". If I turn on future game simulation (FGS) in ICMizer, a few junky hands are folded: 32o, 42o, 62o and 72o. This is due to the fact, that calling and losing will make you the short stack, which is bad for future hands.
However folding a hand as strong as Q3s would lose you 3,5% of the price pool even with FGS turned on , which would be a massive mistake. ICMizer has SB jamming 85% of hands, which I think is realistic, because what else is he going to do with just 2,65BB and having 0,5BB of that already invested in posting a blind? He is far past the point, where he can hope to fold his way to the money.
But just for arguments sake I changed his jamming range to only 60% of hands. This does not change the situation much. 32o-92o and 73o-93o are now folds for Hero, but Q3s still win Hero 2,27% of the price pool. So not quite as profitable, as when SB is playing correctly, but still a very profitable call and a situation, where we absolutly can not fold, if we want to have any chance of beating SnGs.
So the only lesson to take away from this is to not be results oriented. When we call due to
pot odds, there is no reason to second guess our decision, just because we happened to lose this time. There are lots of situations like this is SnGs, where stacks get short, and the players in the blinds just has to get it in with basically any two cards or something very close to that. And then the result will just be, what it will be.