I am unsure what to make of it myself; whether classifying it into a first cause argument or not.
Honestly, I am not much of the logistician since it does not captivate my attention one bit.
Here is another interesting thread out of MIT and can be viewed on power point or html:
http://www.mit.edu/~hooman/AtheismAndGod.html
It talks about the Hatcher proof towards the end of the lecture. It also includes atheism, agnosticism, faith, etc.