To disappointment of few in Japan it seems, and despite the cheery lights on Tokyo Tower, Tokyo didn't get the Olympics. I think there was a sigh of relief from many that tax dollars wouldn't be spent on infrastructure that wouldn't get much use. There was no effervescent buzz or hyped expectations.
The Olympics seem to suit cities with young populations, that need a push to develop new, or gentrify existing, infrastructure. With rapidly appearing lifts and other infrastructure for the aging population, it's a pity that there isn't more made of the disabled Olympics. A bid from Tokyo for this would be hard to beat.