it's very convenient that this magical crush happened right when a large responsibility he wants no part of came on. The fact is he created an escape from fatherhood and says he plans to deal with his guilt about that by writing you a check. At this point, you should hope he does help you financially.
Whether or not he's wounded, he did have the choice not to make you pregnant and the responsibility to know himself better (that he likely couldn't handle it) before he chose to do so. Even most accidental pregnancies could ahve been avoided. I don't know your sitch. Maybe yours was planned. If so, this is even worse.
All of this. Pregnancy was planned. 12 months of trying then got lucky with first round of fertility treatment. I was the one who was not clucky - he helped me through MY fears