Summary: Recent observations suggest that the cosmological equation-of-state parameter \(w\) is close to \(-1\). To say this is to imply that \(w\) could be slightly less than \(-1\), which leads to R. Caldwell’s “Phantom cosmologies”. These often have the property that they end in a “Big Smash”, a final singularity in which the Universe is destroyed in a finite proper time by excessive expansion. We show that, classically, this fate is not inevitable: there exist Smash-free Phantom cosmologies, obtained by a suitable perturbation of the de Sitter equation of state, in which the spacetime is in fact asymptotically de Sitter. [ Contrary to popular belief, such cosmologies, which violate the Dominant Energy Condition, do not necessarily violate causality.] We also argue, however, that the physical interpretation of these classically acceptable spacetimes is radically altered by “holography”, as manifested in the dS/CFT correspondence. It is shown that, if the boundary CFTs have conventional properties, then recent ideas on “time as an inverse renormalization group flow” can be used to rule out these cosmologies. Very recently, however, it has been argued that the CFTs in dS/CFT are of a radically unconventional form, and this opens up the possibility that Smash-free Phantom spacetimes offer a simple model of a “bouncing” cosmology in which the quantum-mechanical entanglement of the field theories in the infinite past and future plays an essential role.