With an external USB Bluetooth, you can't turn it off. But, you could just unplug it. The "on" checkbox is grayed out for me as well.
Anyway, the Cambridge Silicon Radio is the same thing I see when I plug in my dongle, so it's the maker of the dongle's internal Bluetooth hardware. D-Link just re-markets it.
In any case, it should work but you will need to pair it with your Magic Mouse, I think. You'll need to make the dongle discoverable (checkbox just under the text you were clicking on) and then you can pair with your mouse.