How Wildstorm Is Treating the DC Universe

"How Wildstorm Is Treating the DC Universe" from DC/Wildstorm: DreamWar #3 (DC/Wildstorm, 2008) by Keith Giffen, Lee Garbett and Trevor Scott

Somehow a metaphor for Jim Lee introducing his Wildstorm properties into the proper DC Universe. This mini-series should have served as a warning for what might happen when NOT the WS characters, but the WS TONE, would become part of the DCU. The mini-series is basically needless punch-ups between heroes, right? Was it all a dream? Is the New52?