I just replayed the game and I really don't think it's that crazy. The symbolic similarities are too numerous to dismiss (most notably, when examining Woedica's Statue on Burial Isle, it is pointed out how eerily familiar Woedica's face appears to the Watcher). The big flaw in this theory is that Woedica and Iovara seem to uphold completely opposed ideals. But, we know that Woedica was exiled and thus weakened, and that it is possible for souls (perhaps even a god's) to split in two (or more) souls. By the time the "Pillars" series reaches its conclusion, I'm pretty sure we'll learn the truth about Woedica and the gods. But, for now, I wouldn't dismiss the idea that Iovara and Woedica share a strong connection, if not the same soul.
I just replayed the game and I really don't think it's that crazy. The symbolic similarities are too numerous to dismiss (most notably, when examining Woedica's Statue on Burial Isle, it is pointed out how eerily familiar Woedica's face appears to the Watcher). The big flaw in this theory is that Woedica and Iovara seem to uphold completely opposed ideals. But, we know that Woedica was exiled and thus weakened, and that it is possible for souls (perhaps even a god's) to split in two (or more) souls. By the time the "Pillars" series reaches its conclusion, I'm pretty sure we'll learn the truth about Woedica and the gods. But, for now, I wouldn't dismiss the idea that Iovara and Woedica share a strong connection, if not the same soul.