Is this great or Terrible Writing?

July 29, 2012

So begins the New York Times cover story on 27 July on the opening ceremonies in London

With its hilariously quirky Olympic opening ceremony, a wild jumble of the celebratory and the fanciful; the conventional and the eccentric; and the frankly off-the-wall, Britain presented itself to the world Friday night as something it has often struggled to express even to itself: a nation secure in its own post-empire identity, whatever that actually is.

I cannot decide if this is great or terrible writing.