wouldn't that depend on the kind of zoom? Wether you drive into it literally or you rather change the FoV to archeive deeper zooms?
Yes, of course it would, if the well was truly bottomless, it would "come out the other side". I think it may be an equivalent of seahorse valley, you can pan out the bottom of it, but still there is an infinite amount of "seahorses" in it.
This video capures the essence of it:
http://www.youtube.com/v/vqkPjpU6bsA&rel=1&fs=1&hd=1