I love watching the Roulettes, they do a top job. A nice loop like you described looks great when they do it so smoothly.
Re the "end of fun" - what really got my goat in the PC, "positive discrimination" (don't get me started there!), touchy feely, OH&S (WHS now, yes) world of the RAAF was that the ones with the BEST stories of fun and adventure and "real" flying, came from the ones dishing out the new rules banning the fun.
I'm not entering into a discussion on how much safer we are now, shouldn't waste taxpayer dollars (same money is spent anyway, ok), blah blah. Just how I feel...