I don't know Watts but The Egg is a nice story. It's quite comforting with the idea that despite everything that goes wrong in the world, it's all part of the learning process of the universe-organism. It's not a God, it can not rule, it simply is and we and literally everything else are part of it. All we can do is to be and try to get by best we can and learn from our experiences to be better.
If I'd have to put faith in something, that would probably be my pick.