Immoralists hold that in at least some cases, moral flaws in artworks can increase their aesthetic value. They deny what I call the valence constraint: the view that any effect that an artwork's moral value has on its aesthetic merit must have the same valence. The immoralist offers three arguments against the valence constraint. In this paper I argue that these arguments fail, and that this failure reveals something deep and interesting about the relationship between cognitive and moral value. In the final section I offer a positive argument for the valence constraint.