It's very nice - somewhat like a fractal-holographic Universe
   that is entirely compressible, yet more akin to
   [1]http://en.wikipedia.org/wiki/Strange_loop yet it's also
   different from both of those things as well.

   It has elements of "the map is the territory for the holder of
   the map", which allows us the potential to completely describe
   our perspective and all perspectives we can imagine and describe
   them all, yet leaves open the "unknown unknowns"; the things we
   don't know that we don't know, because they are entirely outside
   of our perspective

References

   Visible links
   1. http://en.wikipedia.org/wiki/Strange_loop