I tend to agree with that. The young ones are there punting. The BGP crowd is a good example. They went for the punting first and the party after. My memorable days at Cup week were centered on a boot party, not the horses per se. Pity we can't still have those too but times have changed. It's fair to say that the after events primarily benefit the clubs, not racing at large, but it's one way of getting new generations involved and many I've run into are punting in between, even if only rocking up on carnival days. As someone said, that approach seems to be working in Oz.