Who said we live in the real universe? Maybe Mosk really was a giant with a spear of fire, and a capital city armed with missiles was as close as we could come.
One of Brandon Sanderson's recent books invoked the concept of alternate realities in which it could be objectively determined that some were more real than others. (None could be found that were more real than "our" world, but also, it was impossible for objects from less-real worlds to move into, or presumably perceive, more-real worlds, so no conclusion could be drawn.)
The book is set in a world where magic and gods exist. The gods are the same ones we know from our own, realer world, except that they exist and have the powers attributed to them in our own myths. The end of the book gives us a divine point of view, and we learn that the gods are moving "upstream", in the direction of reality, but that this is difficult or painful for them.
This seems to conflict with the premise that the characteristics of less-real worlds are derived from the more-real worlds on which they are based. The possibilities are that our (real) mythology derives from the gods approaching us, which is the wrong direction of causality (but of course, they are moving upstream, which is also supposed to be impossible), or that the gods take on the characteristics that are attributed to them in whatever world they enter (but... who is who?).
The "real" world of the book is set in the cyberpunk future, which I think is unfortunate - I'd be all over a series showing the progression of the gods into the real present or past, but a cyberpunk future is less interesting to me. (There's still room to show them progressing through the past, though!)
> (spelled it first try!)
I believe that tel'aran'rhiod is required to be set in italics, subject to the normal rules of things that are italicized. ;p