Help. I'm really struggling with the general idea here. The intricacies of the theory are hopelessly beyond my cognitive reach. I'm just trying to get a general handle on the big picture concept. I read a bit where Lee Smolin referred to this model as a leading theory that characterized space, matter and energy as being emergent properties, while time was a (the?) fundamental parameter. Can anybody give me a decent (idiots guide) thumbnail version of the theory, and give an opinion as to what the consensus attitude is regarding it within the professional cosmology community?