It really is too early to say what the legacy of these games will be. We may all feel warm and fuzzy now but we are in the middle of a double dip recession with unemployment and under employment in key areas stagnating... we'll see if that warmth can last another 3 months.

The cost isn't too huge, considering our debts, and I'm sure if many people who should pay tax and don't would (Vodaphone, Google, Philip Green etc) we'd be in a better position.

We certainly can't deny that the games have been a success, and so it can't be designated a 'waste of money'. Plus, there may be a sudden, temporary uptake in kids participating in sport. However, let's just give it time. Rome wasn't built in a day, a Grand final isn't won in May and a Britain's morale isn't saved in a fortnight.