It's still a work-in-progress, but the first stage of the Complete Guide to the Heroes Universe is now available:
The History of the Universe
So far the timeline analysis has only covered the first 12 issues. More will be added shortly.
Feel free to question, argue, and generally comment in the appropriate forums.
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"You can, if you wish, class all science-fiction together; but it is about as perceptive as classing the works of Ballantyne, Conrad and W. W. Jacobs together as the 'sea-story' and then criticizing _that_." -- C. S. Lewis