So you are saying that the state always exists, while values of the observables exist only when they are measured, is that right? But it creates a lot of additional questions:
1. Why do values not exist before measurement?
2. How the values know that there is a measurement out there?
3. What's the precise definition of measurement?
4. Can measurement be derived from something more fundamental, or is measurement a primitive concept?
5. Does a value (randomly created in a measurement) have influence on the state?
6. If the answer to 5. is "yes", does this influence violate unitarity, linearity, locality and/or the Schrodinger equation?