Is Lost the story about a genie, or genies?

This is a fascinating theory my wife came up with. Sounds like it's gaining some traction among other fans, too:


I think the island functions as Smokey's "bottle." That's why MIB breaks Jacob's decanter.
More evidence:
In Islam, according to Wikipedia, genies are made from "smokeless fire," occupy a parallel world and can travel huge distances really fast--just like Smokey. Some Muslims believe everyone's assigned a jinn (Jin???!!!) who whispers to them their evil desires (the whispers on the island?) and can take both human and animal form (the boar, Kate's horse, maybe Vincent?) Also, in recent times, scientists and activists have referred to the detonation of nuclear bombs as "letting the genie out of the bottle," which would explain the whole Jughead incident.

As a side note, and possibly a huge stretch, I found it interesting that Richard asked Jacob for three things, or three wishes, if you will: To bring his wife back (Robin Williams established that genies can't reanimate people), to absolve his sins (hard for an essentially evil being) and to never die. Is Jacob a kind of genie too?