Sounds plausible if the bounce works mathematically...

This model seems to be plausible at all.

This does represent a very appealing theory - a cyclical process that looks much like a wave processing from node to node - no beginning and no ending - no awkward question about what came before, just wait long enough and the answers will all come to you (very Zen) :-) It is a pity that the big science research grants seem to follow the dramatic, spectacular route, and it would be nice to see more resources being applied to plan B and plan C.