For years the suffocating litigation surrounding the America's Cup threatened to kill the allure of this contest. The 11 crewmen were rudely replaced with judges and legal types.
But what's playing out now - in the backyard of the Golden Gate Yacht Club - is reinvigorating the Auld Mug.
Gentrified sailing has morphed with extreme boating. Emirates Team New Zealand is like a winged insect doing not much more than aqua-planing across the surf. It's exhilarating.
Hot on the heels of Saturday's Bledisloe Cup win, it throws into sharp relief the grit of the captains we have at the helm of our two flagship sports. Dean Barker and Richie McCaw have their hands firmly on the tiller.
This country couldn't have asked for two finer ambassadors as respective skippers for the country's 1st XV and 1st XI.
It leaves me in no doubt that the latter will do to the Italians - and then the Americans - what the former did to the Australians.