If you take 3-dimensional space and perform this construction, the result can be interpreted as a 2-dimensional space with some "points at infinity". And this is true in general.
For example, consider a photon. It has two states: spin up and spin down, which I'll write as |+> and |->.
The corresponding Hilbert space has two complex dimensions. However, this vector space is too big, because |+>, 2|+>, i|+>, (-3)|+>, et cetera, are all the same physical state.
So, we apply the construction described in the paper to produce a projective Hilbert space. Each point of this projective Hilbert space corresponds to an entire ray of the original Hilbert space; i.e. to a single physical state.
Since our original Hilbert space had two complex dimensions, the corresponding projective Hilbert space looks like one complex dimension, plus points at infinity. (Just one point, actually)
Topologically, the result is homeomorphic to an ordinary sphere. (It's the one-point compactification of the set of complex numbers)
This is called the
Bloch sphere.