Is it significant these days?
Nowadays it's an event that gets swamped by accusations of cheating by using performance enhancing cocktails of drugs, before it even starts.
Then there's the usual crop of disqualifications and careers tarnished forever, but then there's a lot to aim for if an athlete gets the gold. Product endorsement worth millions, sponsorship and lucrative contracts galore. The temptation to do ANYTHING to shave a split second off a performance is tremendous. The days of Ancient Greece when athletes sought to excel in the pursuit of integrity and a laurel wreath have gone.
(Will we ever see the 100 metres sprint done in 1 second - there must come a point when the human body just cannot surpass its own capabilities.)
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