The front page of the Lounge is 244KB.
And I was digging through the source for a few minutes. I see a few things you could do to make it smaller but nothing that would be worth the time spent for the minimal benefit.
With the exception of all the stat counting crap at the bottom. Ditch that stuff. It is calling a bunch of external servers. I would get rid of this:
<p class="style3"><!-- Start Bravenet.com Service Code -->
<script language="JavaScript" type="text/javascript" src="http://pub46.bravenet.com/counter/code.php?id=385138&usernum=3913478418&cpv=2"></script>
<!-- End Bravenet.com Service Code --></p>
<p class="style3"><!-- ADDFREESTATS.COM REALCODE V4.0 -->
<script type="text/javascript">
<!--
var AFS_Account="00406855";
var AFS_Tracker="0029";
var AFS_Server="www4";
var AFS_Page="Exercise";
var AFS_Url="http://www.geocities.com/aescougarcheer/cheer101/exercise.htm";
// -->
</script>
<script type="text/javascript" src="http://www4.addfreestats.com/cgi-bin/afstrack.cgi?usr=00406855">
</script>
<noscript>
<a href="http://www.addfreestats.com" >
<img src="http://www4.addfreestats.com/cgi-bin/connect.cgi?usr=00406855P0029" border=0 title="AddFreeStats.com Free Web Stats!"></a>
</noscript>
<!-- ENDADDFREESTATS.COM REALCODE V4.0 -->
</p>
Use Google Analytics if you want to gather stats.
http://www.google.com/analytics/