Perhaps, but what kind of reproduction? Forest fire reproduce. Sparks are lifted up by convection, and can land and start new fires quite far from the "parent" fire. Fire isn't alive, though - no information about the parent fire is contained within the new fires. Inheritance is a strong component in any good definition of life. Even if black holes really spawn new universes, can any pseudo-genetic information about our universe by given to the "new" one? With regards to possible thought processes in the universe, the finite speed of light and the universe's accelerating expansion should be borne in mind. If there is a consciousness, it will be getting stupider and stupider all the time. Not that I think there is even a remote possibility of such a mind actually existing. BTW, I didn't suggest that thought processes should be included in a definition of the term "life".