I dunno am i huge fan that re-schedules my life to watch the olympics? No.
Do i enjoy watching them? Yes.
I'll tell you why, its because of all the wierd stuff that happens every year:
Javelin throwing is a great example, your gauranteed that at least once one of those idiots that stand in the field in order to measure the length thrown will get hit by a javelin.
Boxing, Olympic boxing is a snooze fest but i remember one year when a man from an Asian country was boxing someone from either the United States or such and the Asian guy was gettting his *** handed to him and out of no where he busted out the kick boxing moves. This was awesome, sure it only lasted for 20 seconds before he was disqualifed from the fight.
Polevaulting is awesome hell i even have a video of why its awesome:
Pole Vaulting Greatness.
No but really, aside from those few gems i enjoy the olympics, you get to see a lot of sports you normally dont get to see. Of course now its some crooked, commercial goliath with no humanity but if you fish around you can see some good sporting events.