I think that, in almost full generality, we should taboo the term "values". It's usually ambiguous between a bunch of distinct meanings.
Most of the time when I see the word "values" used on LessWrong, it's ambiguous between theses (and other) meanings.
A particular ambiguity: sometimes "values" seem to be referring to the first-person experiences that a person likes for their own sake ("spending time near beautiful women is a terminal value for me"), and other times it seems to be referring to a world that a person thinks is awesome, when viewing that world from a god's eye view. Those are not the same thing, and they do not have remotely the same psychological functions! Among other differences, one is a near-mode evaluation, and the other is a far-mode evaluation.
Worse than that, I think there's often a conflation of these meanings.
For instance, I often detect a hidden assumption that that the root of someone's tree of instrumental goals is the same thing as their ranking over possible worlds. I think that conflation is very rarely, if ever, correct: the deep motivations of a person's actions are not the same thing as the hypothetical world that is evaluated as best in thought experiments, even if the later thing is properly the person's "utility function". At least in the vast majority of cases, one's hypothetical ideal world has almost no motivational power (as a matter of descriptive psychology, not of normative philosophy).
Also (though this is the weakest reason to change our terminology, I think), there's additional ambiguity to people who are not already involved in the memeplex.
To broader world "values" usually connotes something high-minded or noble: if you do a corporate-training-style exercise to "reflect on your values", you get things like "integrity" and "compassion", not things like "sex" or "spite". In contrast, LessWrongers would usually count sex and spite, not to mention boredom and pain, as part of "human values" and many would also own them as part of their personal values.
My honest opinion that this makes discussion worse and you can do better by distinguishing values as objects that have value and mechanism by which value gets assigned.
I'm mostly going to use this to crosspost links to my blog for less polished thoughts, Musings and Rough Drafts.