My understanding of Metaphysica is exactly the same as you put it -
At the level of concept/logic and beyond being physical.
James, as i see it, there is not much difference between physics and metaphysics. Metaphysics is nothing but subtle physics.
The difference is only in quantity, not quality. It is merely our comprehending capability that distinguish the two, otherwise, they are still the same.
The same is the relation of will and matter. Will is eternal, a perpetual energy. So, after once saperated from consciusness and coming into action, it cannot be stopped ever, but can controlled and guided only.
Thus, it keeps running, manifesting more and more of itself and creating its spread. Then, after some time, as the density of will increases in this spread, it has no option but to interact itself and create more and more complex and differnt wills other than just to exist. This leads to will to change. Then this will to change becomes even more complex and the process goes on, untill this complexity becomes a density and enters in the zone, which we call physical.
As far as the consciousness is concern, in simple words, it is the beholder of the willingness. It is also eternal (no starting, no end). At one time, willingness was inherited in the consciousnes as a potential. But, from the moment of Let there be light, the potential of expressing itself (will to exist) materialized and consciousness started willing.
Till the moment, the consciousness had only will to exist, it was fine. It was the stage of almost unentropy, with a very small about of negativity, just enough to get the things going. But, fortunately or unfortunately, it could have not remain so and the negativity increased continuously, in the form of will of change, instead of stopping at will to exist only.
So, at last, being too negative to remain with the big positive particle, some portion of the consciousness broke away from the mother particle and the total willingness of that isolated consciousness spread in the ambient. The willingness saperated itself from consciousness, leaving the particles of consciousness completely pure, void of any willing. The remaining big Mother particle is the Ultimate God, as Vedanta and Sufism and other schools describe it.
My guess is that this consciousness cannot be deducted further. Though, i am not sure and it is also possible that the quality of sensing or feeling may be at its roots, in the same way the quality of doingness is behind the will.
Thus, we have the cosmos made of two different qualities, feeling and doing, acting/affecting and witnessing.
That is precisely the point where i differ from AO as it relies only on affectance, not its witness.
Now, those particles of pure consciusness tend to roam in the ocean of will, till they found some form of matter that is consciousness-ready. Then they interact with it and create life. These life forms can be formed in different will densitiy zones and that creates humans like us, Deities and other Devine entities.
Consciousness, at its purest form, does not do anything but just witness what happens around it. It can feel, which is its default nature, and due to that that nature, it always gets attracted towards the most intensified will, which any particular live-form use to have at any given moment.
Time is merely a measurement of change/delay, which we tend to conceptulize for our conveneience and has no real existence in this creation. It is the same relevence as the kilogram use to have for weight.
with love,
sanjay