Aye, the God is immanent in the World. The Outside (souls, ciphrang and gods) is how It experiences Itself, kind of like a dream, I think.
The Object collapses the subjective lens through which It interacts with creation. So the Judging Eye is super important. Interesting that Akka knows about the Judging Eye, yet there are no mentions of it in the Sagas or the Dreams. Perhaps it has been excised from history, except for that tapestry that Mimara sees.
There is the question of whether Ajokli became immanent in Creation through Cnaiur, or if that scene represents him dissolving along with the Outside.
Then I think it might be interesting what might happen with all these other mummified souls we have littering the narrative. Malowebi, Seswatha, probably Shauritias, maybe Kellhus and maybe the Amiolas guy.
edit
Oh yeah, what's the deal with anarcane ground in this case? Might be important as Atrithau seems like a sensible place for Mimara et al to run to.
As to Kelmomas, the No-god is an inversion. It seems like it would be the one thing the Eye can't countenance. Indeed, when Mimara does look upon it with the Eye she pierces the hologram and sees the sacrophagus. Then the questions start and the whirlwind rises. There is a hum of power from the Upright Horn too, but I think it's all about the timing.