While I know this paper carries signifiance, I have to ask: has anyone here actually read this and completely grokked it? While I am far from a point to truly understand the entire thing, I find it somewhat confounding that some of the most brilliant folks I know who possess Master/PhD level degrees in CS admit openly to not truly understanding the whole thing.

I'd love to see a breakdown of it that might make understanding the more fine-grained pieces in a deeper/more complete sense.