Nice job. =) Kinda cliche at the start though, but it ended great!

I definitely liked this story; I'm really fond of "fairy tales", fables, and legends. You definitely have the mood down pat; the only thing that bugged me was a few cliches, like "...began back when the universe was new, when planets were still forming and nothing was defined..." While this is not necessarily a bad beginning, it is a little overused. Something more unusual might be a better beginning. Also, the word choice was a little off to my ears at times, like, "It watched and studied the methods and ways of the other spirits to utilize on its own world..." Utilize sounds a little technical.

On the whole, though, I liked it. Nice work.