well despite that, I really thing the America's Cup series should be an annual event... it should also be administered by an international body, not the holder (like every other sport in the world)... the AC should only go on the line every 4 years, but there should be some big money available (as well as seedings, etc.) for the other years.
People might say that'll lose some of the magic of the AC, but if they don't do that, we're going to keep ending up in court every few years...