Panoramas are the photographer's attempt at capturing the wide expanse of beauty that is laid out before them. But a panorama in itself can be tiring for the viewer to look at - there is just too much to see and take in at once. Often, by the time the eyes move from one side of the scene to the other, any emotion that has been evoked becomes muddied and confused.
I therefore like to take a more "artistic" approach to panoramas. Many of these are Hockney-inspired mosaics of images left at different aperture settings. I believe that this lets the eyes treat each tile as a separate image while interpreting the scene as a whole in a natural way.
I also just think that it looks awesome.