TheOtherDave comments on Morality is Awesome - Less Wrong
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I'm not sure I understand what a "degree of hedonic adjustment" is, here. Also, I'm not sure how we got from talking about ideal worlds and awesomeness, to talking about happiness.
So, OK.... being a little more concrete: "food" is very low on Maslow's Pyramid, and "acceptance of facts" is very high. If I've understood you right, then in order to maximize happiness I should arrange my life so as to maintain a relatively consistent supply of food, but a highly variable supply of acceptance of facts.
Yes? No?