Hi Paul,
I like the holon idea and your essay, holons are something like my "particles made by their properties" in my essay, so maybe the ideas there are not so strange as it appears to be (and I have to read something more about holons and related stuff :-)
But, in my opinion, holons assumed to be "... a photon (or other fundamental field) of highest energy and lowest wavelength" should be highly "reactive", and a Universe filled up with such particles, permeating everybody and anything, would be an extremely dangerous place. A holon particle stream would be by definition far more destructive than cosmic gamma-ray bursts.
What comes me to mind as a resolution to this problem is an idea of "holon confinement", e.g. in a string ? AFAIK, string confinement of quarks was proposed in the literature sometime ago.
Best regards,
-Joachim.