Well I can see that cynicism and sarcasm seem to rule the roost on here! Unlike you Jimlad1 I did serve in the various punchups within HM's Reign.
My point is that if current serving personnel are awarded the medal for just being 'currently in the service' and those veterans who served in the major part of the 60yrs along with all the conflicts are not awarded it then I would feel justifiably aggrieved.
As far as matey from Canada regards the medal as a 'joke', that's your problem. Perhaps you've been eating too many bananas!
I would regard the medal as suitable commemoration of my service in the RAF during a uniquely and highly successful Reign of HM.
It would be an honour to receive the medal.