Elevator,
what the 'RAAF has done' has to been cut back to the bones in personnel such that they are no longer able to plan and conduct their own airshows; everyone is to busy doing their jobs and someone elses!! Plus, there would be no one left with any experience in planning and conducting them.
'Structured for War, adapted for peace' should really read 'funded for 9 to 5, adapted for crisis management'!!