A year ago, IOC inspectors saw some dirt when they visited the planned site of London's 2012 Olympic stadium. However a year later they walked into an imposing arena of steel and concrete that is rapidly taking shape.
Budgets for the London 2012 Olympics have been announced with sporting bodies being allocated funds.
Synchronised swimming, basketball, taekwondo, boxing, archery and hockey are the big winners in UK Sport's Olympic 2012 funding programme.
All six have received sizeable increases in their budgets ahead of London, with basketball getting a huge 136% increase, up from £3.7m to £8.7m.
But athletics has suffered a cut in its funding of over 5% following Beijing.
The other big losers from Wednesday's announcement include shooting, table tennis, handball and fencing.
Along with volleyball, water polo, weightlifting and wrestling - plus four Paralympic sports - they have yet to have their individual funding allocations confirmed.
But, as it stands, they will share £12.5m between them, although UK Sport says it will work with each sport to help identify further funding, both from private investment and from other potential sources of income.
For those not into Sport, don't like the logo or are participants in volleyball, water polo, weightlifting or wrestling ... perhaps this alternate London 2012 logo may amuse?
Water polo Men's gold medal match:
Hungary 14-10 United States
Men's bronze medal match:
Serbia 6-4 Montenegro
Men's classification 5/6th:
Spain 11-9 Croatia
Men's classification 7/8th:
Greece 9-8 Australia
Men's classification 9/10th:
Italy
10-8 Germany
Handball
Men's gold medal match:
France 28-23 Iceland
Men's bronze medal match:
Spain 35-29 Croatia
Men's placement 5-6 match:
Russia 28-29 Poland
Men's placement 7-8 match:
Denmark 37-26 South Korea
