If it makes you feel better I spent a similar amount of time on Radiohead's old website (I even got to the "congratulations! Since you're such a dedicated fan, here is a copyright free t-shirt design for you" page)
Really, we should petition the original guy to change his link to be to someone else so far along the chain that people might not even realise they've looped.
Now there's a challenge - spidering just enough LJ to follow the propagation of the joke, hunt down long chains, and then petition people at the end of them to adjust pointers :)
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(of course this is coming from somebody who clicked through all the dialogs in the CD-ROM portion of Tism's album tism.wanker.com)
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I started thinking "Why not just post the link
Though the loop it reaches is disappointingly tight.
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man, that's depressing.
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I once did an IQ test where each page was a randomly generated sample from a small set of questions, and I kept going for waay too long.