The Reds climbed to ninth in the Barclays Premier League following the 2-0 win - and with six points available in the next six days, that position could soon look even healthier.
Speaking to reporters after the game, Hodgson shared his delight that Torres proved to be the headline maker after a tough start to the campaign - and now he wants to see more of the same against Wigan and Stoke.
"I'm pleased with the all-round performance and I'm also pleased that Fernando Torres will get a lot of the plaudits," said the boss.
"He's taken more than his fair share of criticism, some of which has been grossly exaggerated and certainly not fully deserved.
"Of course, when the team's not winning it's hard to defend these things but today he'll get a lot of plaudits and people will say he's back to his best. Let's hope that's the case but certainly today he was. He played very, very well.
"One always hopes that playing at this very high level that you've got that quality of player.
"Today we had the quality of Fernando Torres and that won us the game alongside a very disciplined and organised performance from the others.
"I'll enjoy ninth but you can go back to 16th again with a couple of defeats. We've got to get ourselves going again for Wednesday (at Wigan). (AMEN)
"The squad is looking pretty small with the sickness and injuries we've picked up. It's a long season. It's 11 games in, so we're not even a third of the way through. I prefer in football to keep my feet on the ground.
"We'll have to produce a lot more performances like this from now until May. I can't guarantee we'll do that but I know the boys want to give those performances every week."
Asked how he would celebrate beating a team he never prevailed against with Fulham, Hodgson replied: "I shall probably watch Match of the Day because I'm interested in the other games. I will watch the DVD or the game on LFC TV, possibly, if I can't sleep in the early hours.
"I didn't beat them with Fulham. Thanks for reminding me of that!
"They aren't going to lose many matches this season so I'm glad we've chalked up a victory against them."
The win was even more satisfying after two of Liverpool's first-choice defenders were ruled out just hours before kick-off.
Hodgson explained: "Sotirios Kyrgiakos called in with very severe tonsillitis, so he's very sick at this moment in time, and Glen Johnson turned up complaining about a groin problem which the physios decided was sufficiently bad that he had to miss the game."
The victory was witnessed by NESV principal owner John Henry and chairman Thomas Werner.
Quizzed by a New York journalist on the Americans' impact since arriving at Anfield, the manager said: "They have been very good for the club.
"For quite a long period of time we've been heading in the wrong direction and the new owners gave us hope that we no longer need to fear that we'll head in the wrong direction.
"I can only hope they are as successful with Liverpool Football Club as they have been with Boston Red Sox. If that's the case, we'll see Anfield rocking for a few years to come."
AAAAND THIS IS WHERE THINGS GET BAD :[
On Daniel Agger's continued absence with a calf injury, Hodgson said: "Agger is long-term. They can't put a date on it.
"At the moment he can't train, he has just got to rest and wait for the next time he goes to see the specialist again.
"They are very anxious that bone doesn't form. It is a calcification issue and training would certainly accelerate the calcification.
"Now they have to wait and hope the body breaks down the calcifying elements before he can even think about training again.
"So it could be very long term."
WHAT AN AMAZING DAY. SERIOUSLY. STILL AMAZED/SHOCKED/ECSTATIC WE WON TODAY. AND IF ANYONE KNOWS WHERE I CAN WATCH THE MATCH PLEASE SHARE WITH ME. But the Agger news makes me so sad. I miss him SO much, and it looks like he'll be out for quite sometime. :/
Let our amazing owner take us out on a magical day with this tweet. YNWA<3