A nice send up of the whole thing by Coagula writer Charlie Finch states, "From the grubbiest atelier in the middle of nowhere, let the word go forth: Shame, shame, shame." It is very good and you should read it on artnet.
And the Independent breaks down the posh gatherings. Wallow in the crapulence by pasting this address into your address bar: http://news.independent.co.uk/world/americas/story.jsp?story=582723"
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