All in all, I found it disjointed, hard to follow and not very good. I agree that if the majority of your audience needs a cheat sheet just to understand, it was poorly played.
The fact that the Brits on here say they understood it makes it even worse. This was supposed to be a show for all countries, all of the billion people watching it. Gearing a show so that only the Brits know the inside scoop is rather self centered and not in the spirit of the International significance of the games. I appreciate that they were celebrating their history, but it could have been done so that everybody understood better.
That said, there were a few good moments. Getting the Queen to participate was fun. Mr. Bean was entertaining and the forging of the Olympic rings was spectacular.
But really, kids' nightmares for an Olympic theme? The whole technology skit was bizarre. Found it ironic that the beginning of the skit, they were all holding IPads, a decidedly American piece of technology. It was also small in scale, all being played out on one side of the house. Can't imagine what the audience behind the house thought since they couldn't see through the house. Too much video for a live performance. The children's choirs representing the 4 countries would have been much more effective if they were singing in the stadium live.
And I hope that at 70, I will have half the energy of Sir Paul.
Not my favorite opening ceremonies. If they wanted a show full of innuendo just for the British people, they shouldn't have invited the rest of the world. Just my opinion, of course.