Let $G$ be a (discrete) group, and $1/G$ the corresponding groupoid with one object. Consider the diagram in (the 2-category) Groupoids:
http://math.berkeley.edu/~theojf/Diagram1.png(This diagram is equivalent to the pair of parallel arrows $1/G \overset{\rm id}{\underset{\rm id}\rightrightarrows} 1/G$. Note that I am not filling in the loop with a 2-cell.)
A cute fact is that the ("2-") limit of this diagram in Groupoids is the action groupoid $G/G$ of the adjoint action of $G$ on itself. (See e.g. 2 limit in nLab or HTT Chapter 4 for a definition of limits.)
Now, in homotopological terms, the groupoid $1/G$ looks like the classifying space ${\rm B}G$, and the above diagram looks like ${\rm B}G \times S^1$. I have the possibly-mistaken impression that limits are supposed to look like topological cones (but maybe this is because we use words like "cone" when talking about limits).
Question: In terms of homotopy, how should I visualize the limit cone
http://math.berkeley.edu/~theojf/Diagram2.png?