[bowsamic]

Also not quite, since that depends on your interpretation of quantum mechanics. For example, in the Many Worlds Interpretation there is not spooky action at a distance, since there is no wavefunction collapse in the first place, i.e. measurement does not cause a projection operator to occur, but instead occurs through unitary decoherence. Therefore, no spooky action at a distance (although it is still non local)

[rcxdude]

Yeah, each valid interpretation is consistent with the observations, but each is weird in its own way (usually some form of non-local, sometimes more out there like superdeterminism).