Hooray, London has just won the 2012 Olympic bid. I’m really pleased, the bid looks really well thought out, and should bring some geniune improvements to East London (even if just to improve transport links).
As Paris were clear favorites, London’s win surely marks an impressive comeback from behind…

Update:
There’s nothing like a good bit of British gloating. I’ve already been e-mailed these two doctored photos (the first slightly more subtle than the second):

Rene Lavanchy said:
Aïe! Ça doit fair mal aux parisiens….tant pis pour eux.
I also liked:
http://img295.imageshack.us/img295/9850/londonolympictorch3ex.jpg
L’important ce n’est pas de gagner mais de foutre les français, as Baron de Coubertin did not say.