Infinite + random DOESN'T mean that it contains all possible sequences.
Random doesn't mean that the probability of any sequence is non-zero. Random means that there is a certain distribution which describes (statistically) the results. If pi were defined as a series of random digits, then yes, I would agree, that, given any sequence of numbers, it MUST appear somewhere in pi (but it is not guaranteed that you could find where the sequence is located in finite time).
A comment on the statement that the Nth binary digit of pi can be calculated without the need to calculate the N-1 preceding it. This effectively proves that the probability of finding a specific digit at a specific location is 1 for one specific value and 0 for the rest. What is interesting to consider here, is that there is a good deal of underlying knowledge that we have about pi that allows us to apparently escape the nescessity of Markov Chains, of an arbitrary order, IF we assume that the digits of pi, are indeed random (according to an unknown distribution). On the other hand, for answering this specific question, we would want to use Markov Chains. Using this method would, however, only provide us with an approximate statistical guess (of varying accuracy depending on the number of digits of pi used to calculate the statistic, and the order of the Markov Chain).
In any case, even if it might not provide a wholly accurate method, it could provide interesting statistics, and perhaps some insight (especially on the finite known sequences of pi).