Do the Æsir and Vanir really represent Indo-European and pre-Indo-European pantheons?

Question

Or is that just a construct of the Gimbutas "ancient matrifocal culture" theory?

Answer 1

And their battle and subsequent reconciliation is a folk memory of the tribulations and eventual settling down of the migration?

Could be BUT (and I'm no expert) I read that the last remaining trace of pre-indoeuropean language was in the Basque region which is a long way away from Scandinavia. Would it not be more like folk memories of successive, later, and purely indo-european migrations. The Irish legends appear to be like this - they identify three sucessive migrations supplanting the aboriginal population.

Answer 2

They represent Viking pantheons, but any attempts to reconstruct an Indo-European pantheon are tentative at best.