Even the wealth that you gain in dream will give you satisfaction, in that condition. So also anything that happens in the world is also real. The baby is not an unreal existence, and yet it is redundant to the genius who has already grown up from that state. Nothing is unreal in this world. Everything is real, but only there are gradations of reality.
Every viewpoint is correct in itself.
Everything that you have said also is OK but only at one level, not at all levels, and also not finally. Transcendence does not mean negation of something. We are not rejecting some reality and then going to God. It is not like that. We are acquiring everything that we want in a more abundant manner than we could get otherwise.