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It's great when you really have a hand. But you really need AQ+ or a higher pp (88+).
Once I was dealt AQ, he pushes UTG, I call UTG+1, and the BB called too, assuming it was just another marginal call. I ended up in AQ vs A2 & A7. But another time, similar situation, I hit my Q on the flop, but the 3rd guy who joined in had AA and took my stack.
Generally, I like to gamble with these guys if I can see they're really going crazy. Early pos with a good hand, later pos with "anything halfway decent".
Sometimes you get sucked out though.. like yesterday KK vs A7o, he actually hit the flush on his ace! Hand thereafter I get JJ, push again, he calls as I espected, he flips AQ (damn he had a hand now) and hits his Q. So my stack was gone in two consecutive gambles vs this guy. He kept winning cointoss odds thereafter vs two more people, then left. It always sucks when they win and leave 
Then there is the somewhat less crazy kind, like a guy I had at my table yesterday aswell. He kept pushing preflop on 88+ or AQ+ and on the flop if he hit anything better than TP - like overpair or two pair or better he insta-pushed his 150BB stack. Sadly I never got a hand when he did this. All you need is to get AA/KK just once when he gets TT, or a set just once when he gets overpair.. but like I said, yesterday it never came up
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