Yep, the only point in going there is to experience that weird trip, as I sure haven't found any items. If you do, then in the giant pond of blood/lava/"strawberry juice"(as Guanidia suggests)/whatever it is, the exit is in the northwestern section, between the sections of mesh ceiling. After that, you will be walking around in space for a few seconds, and then you will be transported back to the "graveyard" section.