I personally would bet at 99:1 odds that he would disagree strongly with the second half (as the other commenters have pointed out).
You can't have the first half without the second half. Either you are a moral absolutist, or a moral relativist. Moralities are things that can be ordered by an independent observer, or they aren't. I don't think there's any middle ground. Saying "Gandalf is morally superior to Sauron when seen from a perspective similar to that of Gandalf; but Sauron is morally superior to Gandalf when seen from a perspective similar to that of Sauron", is not saying that Gandalf is morally superior to Sauron. Claiming that they are the same thing is like saying, "I can believe that 3 is greater than 2 without admitting that there is any objective basis for comparing the magnitudes of numbers, and without denying that 2 may be greater than 3 to someone else."
Either you are a moral absolutist, or a moral relativist. Moralities are things that can be ordered by an independent observer, or they aren't. I don't think there's any middle ground.
There appear to be different flavors of objective and subjective morality.
Moral Realism: There is objective truth, right, wrong; Moral Universalism: There is a morality that can be applied to a general class -- for example all humans; Value Pluralism: There may be multiple equally correct and fundamental value systems that conflict with each other; Moral Consequentialism: ...
Update: Discussion has moved on to a new thread.
After 61 chapters of Harry Potter and the Methods of Rationality and 5 discussion threads with over 500 comments each, HPMOR discussion has graduated from the main page and moved into the Less Wrong discussion section (which seems like a more appropriate location). You can post all of your insights, speculation, and, well, discussion about Eliezer Yudkowsky's Harry Potter fanfic here.
Previous threads are available under the harry_potter tag on the main page (or: one, two, three, four, five); this and future threads will be found under the discussion section tag (since there is a separate tag system for the discussion section). See also the author page for (almost) all things HPMOR, and AdeleneDawner's Author's Notes archive for one thing that the author page is missing.
As a reminder, it's useful to indicate at the start of your comment which chapter you are commenting on. Time passes but your comment stays the same.
Spoiler Warning: this thread is full of spoilers. With few exceptions, spoilers for MOR and canon are fair game to post, without warning or rot13. More specifically: