@MikeMiller I can define the the renormalization if you are curious about it, it would be much much easier if I could draw some pictures though.
Regarding a paper by Ghys, I'm not sure. However the stuff I skimmed about bounded cohomology and circle maps contains a lot of stuff attributed to him (the document is by Frigieri, I believe).
And regarding your last message, I have no idea. My representation theory is non-existent really, so it's very possible I'm saying non-sense/proposing non-sense. My apologies if that's the case. I'm not getting at anything particularly specific, I just wan…