You can still by tickets for prime events at the games.
For example, in the event that you want to attend the 100m finals you can buy tickets (minimum of 10) for a corporate hospitality package costing a "mere" £270K for 10.
Value for money by anyone's standards!
As Locog said, they wanted the ticketing application process to be as fair as possible!
Olympic Medals won during the Beijing 2008 Olympics
Don't forget to visit www.theolympicswarehouse.com