I've seen it and I personally think it's a really great initiative by fans. For these purposes, though, I'm trying to get an experience as close as I could to the original experience. From what I've seen with that, is that the compilation is very timeline accurate, so it can jump from a novel, to a comic. And I do like how the relevant animations have links.
I just rather, when introducing the story, to go through the comics / novels / movies individually. There may be some redundancy and overlap, and when what happens (due to the multi-media nature of BIONICLE) can scratch your head a bit, but I just find the idea that you have to go to different places to get your story fill as part of the charm.
Ohhh okay. I haven't read the novels since around 2014, and I honestly was rushing through the 2004/2005 story at the time because I was more interested in learning how the story progressed and, at the time, felt like the movies covered enough of the year. So I probably missed those bits.
Another question though, when did the term "Matoran Universe" become in use? Was it from 2004 with the introduction of Metru Nui, or not until 2008?