Video-loki time

Video unlocked after solving Puzzle Box 1, "Time passes... ":

• Page: http://www.vanishingpointgame.com/vidLokiTime.htm
• Original video: http://assets.vanishingpointgame.com/loki_time.wmv
• Local mirror: http://vanishingpointwiki.com/media/loki_time.wmv
• H.264 (video iPod) transcode: http://vanishingpointwiki.com/media/loki_time.mp4

<flv movie="loki_time.flv" width="640" height="360"/>

Transcript

Loki is seen sitting on a director's chair, in what looks to be a backstage area. She dangles a pocket watch, fiddling with the fob as she speaks.

You are my hourglass. The faster you work, the faster the sand runs out on me. That's right, at the end of this challenge I will cease to exist. Every puzzle you solve takes me a little closer to my own vanishing point.
I don't like talking about myself. I don't like being noticed, but I wanted to tell you a little bit of my story. After all, you've earned it. Right?
My job is to give away spectacular prizes to incredible people in the most challenging way possible. Am I lucky, or what?
How'd I get this gig? I graduated with a quadruple major; Physics, Stage Arts, History, and Folklore. All in only two years, but my grades weren't that outstanding. I got a lot of calls from recruiters, but only one noticed that my GPA was exactly 3.1416. That's harder to arrange than you might think.
OK. Enough confession for now. If you're as smart as I think you are, we'll talk again.

The text "vanishingpointgame.com" appears, and "/on_the_run" flashes three times.

(See Meta_Puzzle.)