So CHIM is when you realize that you are in the dream of a great being, which allows you to lucid dream and shape reality around you. But to achieve it, you must first understand it. Now, seeing as the lore forums (and other) are aware of CHIM, if we suddenly appeared on Tamriel, could we all achieve CHIM and do what Talos and others have done?
On another CHIMy subject, if you can CHIM and alter the enter existence around you, could you even maniuplate/create/destroy/become a Daedra? Apparently it's possible to become a God (Tiber-Talos) but could the infinitely-powerful Daedra be affected by a CHIMed-up person?