I agree with you 100%, Kromoh. (And its great to see you in the on-topic forums, again

)
My experience is similar to yours. I can enter paralysis, feel "the vibrations", sometimes even see some HI. From there, I get sort of stuck in a limbo state. I know I am not awake again, but I have not fully entered a dream. It seems like there is no dream to enter. I am definitely in a deep trance state, and my thoughts are not normal. I can stay in this state for hours until a dream takes over, or I can wake myself up or drop into unconsciousness.
In Tibetan Dream Yoga, this is very common. You learn to hold your consciousness throughout the entire night, through all stages of sleep. I believe we are staying lucid, and witnessing the different stages of sleep. (although I'm sure the very fact that we are lucid changes things a bit). My experiences and your description seem consistent with what I've read about REM dreams vs NREM dreams. I believe we are just WILDing into NREM dreams.
I'm curious to see if other peoples' experiences are similar to ours

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