The original Max Payne was amazing; It did things that no one else was really doing at that time - The odd drug scenes and even bullet time, it was actually a great game.
I was under the impression everyone lost interest by Max Payne 2, so I'm not even sure where they're going with this one..
Not too sure that it is Sean Connery, but it's trying to be.
It's more so a reference to the Windows Blue Screen Of Death, also just a name the community gave it; not me =]