Can google see Osama's hideout?

The Daily Telegraph website linked to these co-ordinates, though I can't seem to find the original article anymore:
34°10'9.72"N 73°14'32.95"E
 
The name of the town sounds like "I bought it bad, Pakistan"
 
My version of Google earth (see image above^^^) shows the compound in 2005. The links here show how it has changed since then.
 
This is weird, in Spanish 'Abad' means 'Abbot', so 'Abbotabad' is, well… odd.
 
Talk Abbotabad place to hide...
 
At 34° 8'30.55"N 73°14'6.86"E(green arrow) there is a 130 meter wide inscription on the hillside saying "Home of Piffers - 2005" and then some other writing and symbols that are unintelligible. This is 3.1 kilometers south-south-west of Bin Ladens compound.

So, clearly "Piffers" is a codeword for Bin Laden and marks him moving in there sometime during 2005. Right?
 
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