The Globe Effect

An interesting article caught my eye about panorama photography and converting it to a globe image.  I have lots of panoramic photos in my collection because I love to take a pan-a-vista shot (note: pan-a-vista is a made up word.) Anyway, because I even annoyed myself with the preceding dialogue, let me cut it short and show this:
This is the panorama I used :

 And this is the world I would like to live in: