Oh, our 8 minutes was great!
I can finally see what kind of Olympics we need to have - we mustn't take it seriously, or earnestly, or lose our sense of humour over it. We should do it our way, limpingly and drearily and cunningly cheap! And if it is ever in any danger of failing, then we should wheel out an old rock star - in fact, we should have old rocks stars on podiums hidden under the very streets for just such occasions.
We have, at various times, led the world in fashion, music, theatre, film - we should rely on our old staples like this, wheel out Paul McCartney if he's still alive, and the Queen, backed by Queen! Oh yes, I can see it now, glorious and hilarious and spectacularly ours. And cheap! So lovely and cheap.
We don't have billions of people willing to act like computers in choreographed dance routines, we didn't invent fireworks, we don't run a one-party state with unlimited budgets - we have a pissant, wet little island that is quite possibly the funniest, coolest, place on earth.
If we take it seriously, we will get another Millenium Dome. There's something a little distasteful about the efforts the Chinese have gone to to look good - we don't need to try that hard, FACT.