Ilgaitis,
I probably essentially agree with part of what you are saying:
I would say that space and time are not the most fundamental things that structure the universe: space and time information is derived from other types of information, via information relationships (i.e. law of nature relationships).
Space and time information, and seemingly all other information about the universe, is subjective information, not absolute information. I.e. the categories of information (e.g. "space", "time") seem to be somewhat absolute, but the numbers that apply to the categories are not absolute.
Lorraine