Continuity mistake: When Blofeld gets thrown from the bob-sleigh and gets his neck caught between the branches of a tree, he is caught under his arms in the long distance shot.
Continuity mistake: After Bond saved Tracy from drowning (at the start of the movie), he is fighting with the two men of Blofeld. In the first shot they're standing about 5 feet from the waterline (on the beach), in the next shot they're waist deep in the ocean.
Visible crew/equipment: When Bond is being chased on skis, he flies over a ridge and through some trees, landing very close to the edge of a cliff. A cable is clearly visible tied to his right ankle to keep him from going over the edge.
Other mistake: In the scene when the helicopters arrive over the research center, look at the heli in the bottom right - it just fades out, while one on the left materialises, and the one in the middle changes position. Notice that after all the helicopters have changed place, you can see the helicopter that faded out appear on the helipad (02:25:25)
Continuity mistake: During Draco and Bond's attack on the clinic, a scientist throws a container of acid at Bond and it hits a glass door and eats a hole in it. In the very next shot after Bond has gone through the door, the hole is no longer there.
Revealing mistake: When Bond slides along the ice he is very obviously grabbing a cable that pulls him along.
Revealing mistake: When the thug is stuck to the spikes on the wall, the protruding safety pad under his clothes is very noticeable.
Revealing mistake: When Blofeld escapes from the Lab, Telly Savalas is replaced by an obvious stunt wearing a bald cap that protrudes around the forehead.
Revealing mistake: When the white race car with the number 6 is turned over there is a closeup shot of the driver obviously hanging head down in his seat. If you look closer you can see the spectators in the background also upside down. (01:47:20)
Answer: It's an entirely intentional aside to the audience, the one occasion in the entire Bond series where the so-called 'fourth wall' (i.e. the cinema screen itself) is broken. As such, within the context of the film itself, it doesn't really have much of a meaning.
Tailkinker