I think at present he's a little too sketchy on just exactly how one universe "gives birth" to another, though the maths works out great. In contrast, the Many Worlds approach is too easy an approach, I feel.
Regarding his Twistor Theory .... I really do think this has potential to be the cornerstone (though not the whole concept) of an underlying description of how spacetime functions, instead of (or maybe incorporating, though not on a fundamental level) String Theory.
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