Dealing With RequestTimeOut And The OnError Application Event Method (Help Me)

code-1.cfm

<cfcomponent>

	<!--- Set up global page processing. --->
	<cfsetting
		requesttimeout="5"
		showdebugoutput="false"
		/>


	<cffunction
		name="OnError"
		access="public"
		returntype="void"
		output="true">

		<p>
			You have errored out.
		</p>

		<p>
			Error: #ARGUMENTS[ 1 ].Message#
		</p>

	</cffunction>

</cfcomponent>

code-2.cfm

<!---
	Set up a bunch of CFHttp calls to force the page to
	run longer than the set request time out.
--->
<cfhttp url="http://www.google.com?q=#Rand()#" />
<cfhttp url="http://www.yahoo.com?q=#Rand()#" />
<cfhttp url="http://www.cnn.com?q=#Rand()#" />
<cfhttp url="http://www.searchgalleries.com?q=#Rand()#" />
<cfhttp url="http://www.espn.com?q=#Rand()#" />
<cfhttp url="http://www.houseoffusion.com?q=#Rand()#" />
<cfhttp url="http://www.fullasagoog.com?q=#Rand()#" />
<cfhttp url="http://www.ask.com?q=#Rand()#" />
<cfhttp url="http://www.cnet.com?q=#Rand()#" />

<!--- Success! --->
Done grabbing content.

code-3.cfm

<cffunction
	name="OnError"
	access="public"
	returntype="void"
	output="true">

	<p>
		You have errored out.
	</p>

	<p>
		Error: #ARGUMENTS[ 1 ].Message#
	</p>

	<!--- Dump out the error arguments. --->
	<cfdump
		var="#ARGUMENTS[ 1 ]#"
		top="1"
		/>

</cffunction>