It's great. Watching upper-class ***** bobbing up and down to Pomp and Circumstance. Makes me realise why inbreeding isn't all it's cracked up to be. In Thurnscoe.
I've never understood why they show it live every year. They do exactly the same tunes - why not just pick a good one and show it every year - no one would know and it would save money. Also they would know exactly how long it was going to be.
I don't even know what the hell it is, put it on for about five seconds and I'd seen enough. Your description sounds pretty accurate though.