Well bowl me over with a giant sized ferris wheel - London is bidding for the 2012 Olympics! Let me quote from The Economist London Briefing:

The centre of the games would be an Olympic park built in east London, comprising an 80,000-seat stadium, a velodrome and an aquatic centre (which will be built regardless). Tennis matches would be in Wimbledon; archery in the Lord's cricket ground; swimming, cycling and athletics at the Olympic Park; triathlon and road cycling in Hyde Park; baseball and softball in Regents Park; and beach volleyball at Horse Guards Parade.

Now apart from the idea of beach volleyball in London, that sounds absoulutely amazing. It would be the next "can't miss" Olympics after Sydney 2000. Even Eton gets a lookin with their new rowing course.

It seems a pity to use Lords for archery though - why not hold cricket as a demonstration sport? It would be yet another gold medal for us to win :)