I just got back from a hectic VISA run in Hong Kong. I got my VISA with relative ease and from the CTS branch right in the train station, however, people around me were getting knocked back or restricted to one week single entry.
The Hong Kong papers are reporting a 40% drop off in business and tourism in Beijing already as a direct result of the new policy. This more than cancels out the expected revenue from hosting the olympics in the first place, leaving it as what it is - a bunch of boring non-spectator sports used to rouse a bunch of patriots.
Also, the whole trip made me miss three QF games in Euro 2008 and the Demerit gig at Logo in Shanghai. What's more, I've a sneaking suspicion the immigration official entered me on my old VISA by accident (it's still got three days) as there's a large slash drawn through my new L visa - perhaps to show that its single entry has been used? I'll find out Tuesday when I go for my upgrade in Pudong.
Banyan Trees on Nathan Road