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What's that P-Switch?

I got exactly as far as "/ajax.php?a=pswitch".
So what does clicking it actually do? Is it a cookie clicker? #w{=3}
(For the lost: the P-Switch in the site's menu. Either tiny and on the bottom or large and hanging from the top.)
Sadly, no one really knows (except for admins and/or coders). No one has noticed any effect so far, so the best guess is that it's a joke. #tb{''}

Suspicious =3=

Seems to share the image file with the username badges... Turns them publicly on/off maybe? *waits for donation availability to test and stops poking at website*
(yes, it's been tickling my curiosity rather hard :P)