  Using the standard Cayley transform and elementary tools it is reiterated
that the conformal compactification of the Minkowski space involves not only
the "cone at infinity" but also the 2-sphere that is at the base of this cone.
We represent this 2-sphere by two additionally marked points on the Penrose
diagram for the compactified Minkowski space. Lacks and omissions in the
existing literature are described, Penrose diagrams are derived for both,
simple compactification and its double covering space, which is discussed in
some detail using both the U(2) approach and the exterior and Clifford algebra
methods. Using the Hodge * operator twistors (i.e. vectors of the
pseudo-Hermitian space H_{2,2}) are realized as spinors (i.e., vectors of a
faithful irreducible representation of the even Clifford algebra) for the
conformal group SO(4,2)/Z_2. Killing vector fields corresponding to the left
action of U(2) on itself are explicitly calculated. Isotropic cones and
corresponding projective quadrics in H_{p,q} are also discussed. Applications
to flat conformal structures, including the normal Cartan connection and
conformal development has been discussed in some detail.
