More or less. I still have a problem with your insinuation that what you call the "This Experience" would be called "the material world" by a default materialist. From what you say, it appears to be something else since your definition alludes to experiences.
The fool hath said in his heart, There is a God. They are corrupt, they have done abominable works, there is none that doeth good.
Psalm 14, KJV revised edition