Panel 1: Mirroring the scene in issue #1 where we saw Rorschach through Dr. Manhattan’s legs, this scene where the Comedian is seen through Hooded Justice’s legs symbolizes what a “small” man Blake really is.
Panel 6: Blake’s comment, “This is what gets you hot . . .” is the first insinuation that Hooded Justice may have been homosexual.
Of significant note, this panel mirrors Issue #1, Page 3, Panel 3 even down to the spot of blood dripping onto Blake’s costume where he will eventually be wearing his infamous smiley face button when he is killed in 1985.