Amidst a considerable degree of Hoopla, it was announced in Singapore a short while ago by the International Olympic Committee that London is to host the 2012 Olympic Games. This is an excellent result, although there will be a lot of hard work necessary to make them successful, and it will cost a lot as well. However, I think it is a price worth paying. The vote was quite close - London received 54 votes and runners-up Paris obtained 50 votes. Both seem to have had very strong proposals for the 2012 Games and I would prefer to avoid any kind of triumphalism.
Not everyone thinks it a 'good thing', though - Robin at Giant Grizzly seems to have a thorn in its paw over this one, and a poll run by Stuart at Independence seems to indicate that 'many' are opposed (although, as in all referenda, the person who writes the questions seems to set the agenda for the final vote - ha ha). Luckily these curmudgeonly attitudes did not affect the IOC voting.