I'm thinking this is the most successful social experient on the internet, ever. Imagine all the different angles you could study this from; tenacity of groups; tenacity of people who want things to fail out of spite; how introducing another method of 'doing things' will invariably create schisms; religious overtones.. It's literally got every aspect of the human condition in one massive clusterfuck.
E: Ninja slightly by UV.
That sums up my observation about this too. I remarked about it in one of the streams (I think the Tetris one). Maybe not in this level of detail, but I did at least mention the Social Psychology bit, or what could be observed from it, more or less.
Oh, and PRAISE THE ALMIGHTY HELIX FOSSIL!!!! But not as much as the Blood God Armok.
EDIT:
Oh my goodness. Catching up on what has happened so far, I am so glad I caught this event. This is one of the most bizarre things to happen recently. It does make me question quite a few things. I mean, I have God theories, theories about what IS reality (this is like something that would happen on a sitcom, and not reality.
Life Imitates Art, indeed.), and so on. I think existence will eventually reach a limit where God will just have to hit the power button for once, and give all matter a rest, until he comes back in a few hours His Time, not Our Time (maybe another few eternities).
EDIT EDIT:
After having fallen into the black hole of TVTropes, I return with an interesting link related to Life Imitates Art. Could be an interesting topic for GD. Science Fiction becoming fact.
http://www.technovelgy.com/