Mill's Theory of Value

In the comments on Jussi's thread, a side discussion developed about Mill's theory of value.  Dale Dorsey indicated that he has concluded that Mill is not a hedonist.  I'm inclined to defend the claim that he is.  I'm not prepared to defend hedonism, and so I think that considerations of charity favor ascribing a different view to him, but I think the textual evidence is strong enough that we just have to say that Mill got this one wrong.  Of course, the first piece of evidence for me to cite is the following passage from Utilitarianism II2: