Agreed. I'd love to know how many different cycles the wikipedia article graph contains. If most articles lead to 1 out of 20 possible cycles, it's much less interesting than if it's 1 out of 5,000,000.
I've been looking to do something like this with the Networkx library in Python, though on an internal company MediaWiki with a much smaller article base. Going to try to visualise much the same thing, the major loops and cliques in the graph.