Would You Want to Live in the Matrix?

The film The Matrix is in large part based on Descartes’ Meditations, specifically the evil genius argument, and Plato’s allegory of the cave (video below). In The Matrix, one character, Cypher, wants to return to the matrix (a computer simulated reality), knowing full well that nothing he experiences there will be ‘real’ (see Agent Smith and Cypher video below).
First, by making specific references to the excerpts from Descartes’ Meditations in Section A of Chapter 3, explain your understanding of Descartes’ dream argument and his evil demon/genius argument by giving a brief explanation of each.  
Then, in thinking of how you value your experiences, specifically, what you value about them, answer the following: Does it matter to you if something ‘really’ happened? Or, if you experience something as real, is that all that matters? If, at the end of your life, you were to find out that all of your experiences had been a computer simulation, would that change the way you value the ‘experiences’ you had? Explain why or why not.