More like "WHY did they bother making Coconut Island!?!"

Most likely they needed a cover story for why they were spending millions on all those electronic widgets. Didn't want the spy community to find out what these two top agents were really developing.
Rumor has it that microfilm is planted under the cabinet side art, but I don't know whether it's the right or left side so might as well leave it be. The Jersey faction is trying to work it out on their own though, so in time all secrets will be revealed.

I think there's a pinball theme in there somewhere - competing intelligence factions with cover of pinball manufacturers building a game within a game. The easter eggs are dangerous because it causes the machine to self-destruct, but you're having so much fun playing the game that you just can't pull yourself away to a safe distance. "Wile E. Coyote: Suuper Geenius."