What's one letter?

The new "Masters Of The Universe" flick opened in Aussie cinemas today. I've been a fan of the franchise from the beginning; it launched when I was 11. One of my spoilt childhood chums had *every* "M/O/T/U" toy. I didn't. My modest collection was limited to: a battle-scarred Ram Man another pal had made his parents replace, a Webstor I bought myself (his grappling hook and climbing backpack were the irresistible attraction), and a bootleg figure who was a purple lizard guy that I received from an aunt. 

"Master Of The Universe" by Hawkwind (1971)

I am the centre of this universe
The wind of time is blowing through me
And it's all moving relative to me
It's all a figment of my mind
In a world that I've designed
I'm charged with cosmic energy
Has the world gone mad or is it me?

I am the creator of this universe
And all that it was meant to be
So that we might learn to see
This foolishness that lives in us
And stupidity that we must suss
How to banish from our minds
If you call this living I must be blind.