As for being tied to the construction of the universe... the structure of the universe didn't seem to suffer while the Asgardians were in Limbo after Ragnarok. Transcending the physical... mortals explicitly have spirits/souls and can learn to project an astral form in the MU, they transcend the physical as well. And if you want to say that human views of morality should not apply, actually make an argument for that case, including what standards would apply to their behavior so that we could judge, for example, that Odin was better than Cul. But really, in the end these are stories written for human readers who are going to judge things according to their own moral precepts, and as soon as you start saying that Odin was right to overthrow Cul because he was cruel and oppressive, you are applying human concepts of morality.
And if you meant moot, not that either.