Having spent a lot of time meditating on it (as sofuture mentioned), it isn't "slightly obfuscated" so much as "stubbornly written like APL rather than C".

If you become inexplicably fascinated by that code and want help unraveling it, my contact info is in my profile.

I don't consider it noteworthy as a useful program under 2kloc (on modern hardware it usually just crashes, it's quite cavalier with pointer casting, and clearly a quick prototype either way), but it's like a pink space laser beam of insight about the APL mindset. Real APLs take more than a page, but not that much more. Eliding loops does that.

A lot of the IOCCC code is also delightfully perverse, too. Highly recommended.