In the mid 60's, when Confrontation was ongoing, a Shackleton patrol around East Borneo looking for gun runners "earned" me a GSM Borneo. The same GSM Borneo as was awarded to a squaddie who spent a couple of months up to his arse in a swamp, dodging bullets. At the time it was an embarrasment. It is now in a drawer somewhere ( I think) collecting dust.
What are we old "Cold War Warriors" going to do with a Cold War Medal? Pin it on our pyjamas? Put it in a glass case and hang it on the wall? Wear it on Remembrance Day at the village war memorial?
Who would qualify? Just aircrew, or do you include the whole of the Armed Forces, on the grounds that they could have been on the receiving end of a bucket of Soviet sunshine? Let's leave all that to the Americans.
I would rather the Armed Forces concentrated on recruitment and equipment than pandering to someone's vanity.