Just wanted to get a couple early rulings that I discussed with Peter out here while the FAQ percolates.
Q1: What happens if a player needs to draw a new hand and both the cosmic deck and discard pile are empty?
A1: Cosmic Quake! Every player discards his or her hand, and the discard pile is shuffled to make a new deck, then 8 cards are dealt to each player.
Q2: Are flares considered to be in your hand while their effects go off, or do they leave your hand when played, returning after the effect is resolved?
A2: The latter. So, for example, the Wild Oracle flare is not part of the two hands that are shuffled together, instead returning to your hand afterwards.