I didn't go through the entire Wolfram page in detail, but there may be some discrepancies in what Wolfram's got, and the way most mathematicians think about the point at infinity.
In fact I believe the Wolfram page describes how Mathematica treats complex infinity. But it doesn't actually tell you what complex infinity is. To understand complex infinity, you should have a look at the Wiki writeup about the Riemann sphere ...
http://en.wikipedia.org/wiki/Riemann_sphere
That article says nothing about the Re and I am of complex infinity. I don't think those are defined. I can't think of a sensible way to define them.
In the complex plane, complex infinity is the (extended) limit of every ray leaving the origin; in the same sense that +/- infinity are the hypothetical "ends" of the extended real line.
In other words if you imagine the complex plane all the way out to infinity (speaking conceptually now), and then think about the "border" all the way around the plane; then if you identify every point of the border with a single point, that's the point at complex infinity.
It's like taking a rectangular piece of cloth and sewing together the entire perimeter, to make a sphere. If you had an infinitely large rectangular cloth and you sewed together its entire boundary to make a finite-sized sphere, that would be the Riemann sphere. And the "point at infinity" is the entire boundary, sewn together into one point.
The best way to think of it is through stereographic projection ... this is the diagram on the Wiki page.
http://upload.wikimedia.org/wikiped...Riemann_sphere1.jpg/250px-Riemann_sphere1.jpg
It's not helpful to regard complex infinity as a number you can just use the same way as any other complex number. It's an ideal point, created through a little mathematical magic. The Wolfram page is telling you how Mathematica treats complex infinity ... it's not telling you what complex infinity really is in terms of mathematics.
I hope this might help put the Wolfram page into context.
By the way, where did (-1)! = \tilde{\infty} come from?