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AnnaSalamon comments on Self-Improvement or Shiny Distraction: Why Less Wrong is anti-Instrumental Rationality - Less Wrong
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This is a bit tangential to your point, but why should we consciously optimize for pleasure, instead of of a combination of pleasure and non-effort? If you think pleasure is likely to be part of our True Preferences (however defined, e.g., our consciously held preferences after sufficient reflection), why not non-effort also?
Good question.
Still, if I found out now that my pleasure would be raised above my usual baseline from now on, I'd feel happy. And if I found out my effort would be reduced (without side-effects), I would not. It could be that the temporal discount rates work differently for pleasure vs. non-effort.