On: Quantum entanglement shows that reality can't be l...

[cma]

Plus the other particle could later be "unobserved" through quantum erasure..

http://en.wikipedia.org/wiki/Quantum_eraser_experiment

[upwardbound → cma]

Not in the way that you're imagining. Otherwise, you could easily communicate by repeatedly observing and then unobserving until finally you see the bit that you don't want to send, and then you let it be.