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Emile comments on Beware Selective Nihilism - Less Wrong Discussion
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I agree with your main conclusion, though I would like to propose a different analogy: on which side of the road should one drive?
"The right side of the road" doesn't exist in the real world either at the level of fundamental physics; though that doesn't make it crazy to care about it. Things like social norms and contract and informal agreements are about well-defined concepts in the realm of everyday human experience.
Sure, there are some differences between things we are "built-in" to value, and explicit social norms, but if we can tolerate some "imprecision" for some, why not for the others?
I don't know about you, but I am neither willing nor able to change my terminal values based on knowledge of physics, only to extrapolate them better.