The result is similar to Google's mobile interface. This is useful, but perhaps whoever did this might try a slightly less condensed version which would be more suitable for netbooks and smart phones.
Because the Wikipedia has a very regular structure it should also be possible to tune the conversion more.
As an example, at present a section heading can appear on the bottom of one page, with the text it refers to on the next page. It should be possible to keep the heading on the next page with the text.
"Australian National University"
Compare this with the standard version.
The mobile version is 63 kbytes in total, whereas the standard page is 261 kbytes. The mobile version is divided into 11 segments, plus a table of contents of 2.5 kbytes..
So if you started at the top of the page, went to the table of contents and then to the page you wanted, that would be about 15 kbytes in total, a saving of more than 90% on the download.