It is one of the only legitimate answers to..?
Far from.
Non-locality is not an issue at all, if you model the universe as a virtual reality.
Read this paper:
http://arxiv.org/ftp/arxiv/papers/0801/0801.0337.pdf (If you have not already done so)
The paper does not give a complete answer, as explaining consciousness link to the theory, however the
Theory of everything by Thomas Campbell does explain consciousness, reality, the anomalies of physics, quantum mechanics, PSI phenomena and everything else, as would be required by a theory of everything. Consciousness is (or best modelled) as a digital information system, which evolution is applied as a fundamental process, the evolution is the same as lowering the entropy of the system.
As I have said, the MWI interpretation is false as it is based on a the subset of the system, and not the superset (in other words, based on the physical [subset] being fundamental, opposed to a non-physical consciousness that is fundamental to reality [superset]) .
It is based on a belief system that limits reality to a subset of the solution space that does not contain the answer (Using the words of Campbell).
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