Interesting ideas Qcmbr.
I lack the language and vocabulary to discuss this in a scientific or intellectual way, but I do love the story of schroedinger's cats.
Here's my idea: All life is part of the 'creative awareness" of the universe, we are the "sensory" organs of the awareness. Most of us are not aware of the greater mind/awareness/whatever, but some may be. Our current state of human affairs is the result of an autoimmune disorder among the seemingly individual life units.
When that gets sorted out-or if it ever does-we return to the greater universal awareness. *pause*
OR - and this is going to be more difficult to communicate- Humans are all collectivly "god", but god doesn't exist until we get our crap sorted out with each otherfirst, and until after so many life cycles or however it works, we finially do get it worked out and we come together. Then at that moment, our individual minds/essences, combine and form the previous mentioned universal awareness. This awareness knows and can work with all the laws of physics, and exists outside of this universe's time frame, so that it can go back to the begining and create the universe and start the evolutionary process again, here or like you said, in a whole new universe.
Along the lines of what you were saying, life being the "missing" conceptual componet to our physics, what if the missing component wasn't so much life but love. I think the missing love is why "bad things" happen. It's not an absent god who allows bad things to happen, but us. We are learning-hopefully- to do the right things, the loving things. Sorry, I wandered a bit there.
So, there's my poorly worded stab at this discussion.