Theoretically. I don't know if I buy into this 100%, but it would certainly explain a few limitations in physics if it was the case.
I guess it's just something to think about. As a science-fiction writer it definitely strikes a chord with me. There is a story line for the Chained Reality universe that deals in Virtual Reality simulations, and how the blurring of reality and fiction wreaks havoc on the human Psyche. Here's a little hint, remember the Savant post I made a while back? That may have something to do with that story line.