No nothing better to do than enjoy life.
A lot of people put in a lot of effort to make the day a success.
The event was sponsored by local businesses.
It brought many visitors to the village who spent a lot of cash.
I am sure that the police officers on duty were glad of the overtime.
( no resources were diverted from other duties)
Local charities benefited enormously from money raised.
Other local businesses had a profitable day ( ok a lot of those were places where people go to enjoy themselves so that probably doesn't count).
There was no trouble and no mess left ( apart from a few bubbles!)
I had a great day enjoying live music at different venues.

But if anyone feels that they need to dismiss it as a "pathetic ritual" feel free to do so.

There is an annual bed race in Leeds through Headingley, great fun

I haven't read the thread so I don't even know what it was!
But I like your post, Tregonsee, well said, and I'm pleased lots of people had FUN!!

Too many killjoys, old codgers and old farts around these days.

I love the tradition of May Day, with the Maypole decorated in pretty flowers and children dancing round it.

Or is it a bit Communist?

Do they still have wellie wanging competitions?