Interesting debate. Pritish - the word "created" as you say is definitely misleading. That's why in Hinduism its said that God Has Become The Universe or its a "projection" and not "creation" of part of the God's consciousness. I think as long as you call it Projection of the God you will understand the entire theory explained by Shridhar. Also because its a projection - we can say that God is in Everything - albeit - Everything is God. Also Maya or illusion does not mean "jagat mithya brahm satya". What you are saying makes sense ( through slapping ) with the above slogan from Adi Shankracharya. But that statement was made to just dilute Bhuddha's "Eeverything is Void" and bring back Hindus back in the Hindu fold. Jagat is not Mithya - if we say that then your slapping argument holds. But it is not so. What you need to do is consiously clear the veil between maya and mithya. Maya is not mirrage - its a necessity for the universe to exists and go forward.
