There's still an hour left in the derangement but I don't know how they're going to top the live tableau of Botticelli's Birth of Venus that just went by. Altho the bizzaro Montgolfier Bros. meet Cirque du Soleil thing that's going on now is taking it's best shot.
Did get to see a bit of sbandieratori (traditional flag waving) -- we saw some of that when we were in Siena, as part of the Palio ceremonies. Of course, NBC spent most of the performance cutting away to crowd reaction shots.
Hey, cool, an F1 Ferrari doing donuts! Most excellent...
Wrapping up the parade o' nation states, I counted about twenty 1-person teams. There's really not much to say about the clothes. It's all mostly non-descript winter wear. Special mention though for Germany and Kyrgyzstan for some truly heinous headgear. On the flipside, shout out must be given to India and Mongolia, who definitely had the coolest hats in the room (snark from the Costas-bot nothwithstanding). The best branding? Had to be Sweden with their Swedish flag themed mittens. Ikea should start selling those. Worst national branding? Oh, Canada. Name-of-country on hat: tacky but not beyond the pale (several countries had that). Name-of-country on jackets, in six inch high letters: call Finola Hughes.

Hi, I've just read your post. If you're interested in Siena (and its Palio) take a look at my blog with lots of 2005 pics and a link to see the last Palio movie (free). Ciao...
Elitre, http://ilpaliodisiena.splinder.com
(Ps. If you like it, please feel free to link to me.)