I think the island origin myth is canonical... I recall hearing fans saying Lex's island story kind of ripped off GA. But I'm going to read up and find out more. :)

At least Ollie didn't end up hanging out with a psycho projection of his fractured mind, though.
And also, Ollie didn't actually eat the insect life on screen. :D

Lex's pants were lower though. Just. ;)

Embrace it! You know you want to! :p