And to the original question, I consider TAOCP probably not worth the time and effort to read in detail. It has a lot of interesting stuff if you have infinite time, but very little that I've found practical to me. I've read enough of TAOCP to get two Knuth reward checks but can't motivate myself to read more than a fraction of it.
https://ebooks.adelaide.edu.au/j/joyce/james/j8f/complete.ht...
The explanation is golden:
https://en.wikipedia.org/wiki/Finnegans_Wake
"Despite the obstacles, readers and commentators have reached a broad consensus about the book's central cast of characters and, to a lesser degree, its plot. However, a number of key details remain elusive.[6][7]"
Some examples from the first chapter "oystrygods gaggin fishy-gods" - ok, that's clever turning Ostrogoths and Visigoths into seafood gods. The Willingdone Museyroom section was entertaining enough with "Willingdone" and "Lipoleum" for Wellington and Napoleon. "And a barrowload of guenesis hoer his head" - Guinness the beer and Genesis the book of the bible, clever enough.
I've read a few comments before saying that FW is hilarious. Maybe it's pointless to try to dissect humor, but I'm just not seeing it.
I personally think this passage is one of the funniest things I've ever read. First of all, it rolls off the tongue in the most ridiculous way ever (you have to read it out loud) and second of all he manages to write entirely about food while making you think entirely about naughty things.
In the passage cited below by jhedwards, I find the way Joyce suggests Shem's Greek-Jewish heritage explains his taste in cheap prostitutes very funny (as well as his skewering the sanctimoniousness of it all, "you like prostitutes but only the cheap ones"). Also, that he gives the address of the whore house, like it is an advertisement is also funny.
You mention the first chapter, so I started reading from the online link given earlier in the thread. In the second paragraph, I found it funny the way he says that topsawyer (Tom Sawyer?) had not exaggerated the size of his balls when they were "doublin their mumper all the time."
It's all about the wordplay and frankly being ridiculous. Obviously if you read these things in the context of a forum, you are probably not going to find it funny. Context is very important: http://www.cc.com/video-clips/0i0fy2/stand-up-hannibal-bures...
As jhedwards suggests, if you read it aloud you will hear the jokes.
That said, if you can convince people to house rule it as a word-source for a Scrabble game, you can terrify people who want to challenge.