Right.
I thought I had written a WP article with a small table comparing the trig functions for hyperbolic, parabolic, elliptic trig but right now I can't seem to locate that. However, the OP can try this poster
www.aapt-doorway.org/Posters/SalgadoPoster/SalgadoPoster.htm[/URL]; page 6 contains diagrams similar to the ones I drew when I was first learning this stuff (inspired by the first edition of [i]Spacetime Physics[/i] by Taylor and Wheeler). The general idea is of course to interpret a straight line as the "world line" of an inertial observer and to interpret the slope of a straight line as the (constant) velocity of the observer.
For more advanced readers: as the poster hints, there are beautiful connections here with two dimensional real Cayley-Dickson algebras (which were employed by Dirac to "factor" the wave equation) and with the nine Cayley-Klein plane geometries (which are connected with Cayley's discovery of [i]projective metrics[/i] and were instrumental in the formulation by Klein and Lie of the Erlangen Program, which led both to Lie theory and to the notion of symmetry groups, both of which of course play crucial roles in modern physics!). A very readable book is I. M. Yaglom, [i]A simple non-Euclidean geometry and its physical basis: an elementary account of Galilean geometry and the Galilean principle of relativity[/i], Springer, 1979. See also I. M. Yaglon, [i]Felix Klein and Sophus Lie: evolution of the idea of symmetry in the Nineteenth Century[/i], Birkhauser, 1988.