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Vladimir_Nesov comments on Intelligence enhancement as existential risk mitigation - Less Wrong
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The fact that modern world changed our values in a way that ancient people won't appreciate on reflection is a bad thing for the ancient people. To us, it'd be bad if we reverted some of these changes, and likewise if we introduced new changes that have negative side effects from the current point of view (on reflection).
It's hard to "increase intelligence" without wreaking some of the values, brain isn't designed for upgrade. It's the same problem as with trying to change emotions.
I definitely think that values, however defined, would change significantly with such a 10 point IQ change (btw, I consider this very large). And I think it would probably be a good thing.