I have a hard time believing that Crayak and the thing that banished him had a similar mindset. If they had, he wouldn't have been banished, The One would have just used him til it had no more use for him. Plus, The One doesn't strike me as being beyond the normal time-space continuum.
I like to think the thing from The Familiar was the thing that banished Crayak. I have my own theory for The One, but I really need to get back to writing those fan fictions and I really haven't had time to do it either, hahaha.