Wouldn't that be a "good thing"? If the signal-to-noise ratio for this honeypot goes down and they end up investigating a bunch of innocent people, that should be enough for the practice to stop.
A year or so ago I jokingly made a reference about killing the president (not killing the President; I intentionally didn't capitalize the P) on Slashdot. A month later, the Secret Service was at my house. As far as I know, the case was dropped, but for some short period of time I was facing federal charges and was under investigation. I probably have an FBI file now (which I personally think is awesome).
So anyway, I would probably not click this link, unless I was using Tor or that new VPN service by the Pirate Bay guys. If you are in the US, there is plenty of manpower around to waste your time.
(To be fair, the agents that were investigating my case didn't know much in the way of details. As soon as I showed them the post in question, they became very friendly, and I haven't heard from them since. But still, it was a big waste of my time and the taxpayers' money.)
Now that the site and possible URLs are made public, who wants to bet this will the new, popular 4chan bait for random bypassers?