I did catch some of the closing ceremony. Just as China seems to have forged a new kind of communism, it seems to have forged a new kind of communist artistic style. Before, the only style allowed in Marxist regimes was socialist realism. Now we seem to have socialist fantasy.
Socialist realism had to consist of character types, with evil capitalists and a ridiculous and sinister middle class (still a Hollywood staple!), opposed by muscular workers and large groups of the noble proletariat. Based on what I saw at both the Olympic ceremonies, which would have to have been party-approved, this new style still rejects individualism, which would still be bourgeois and counter-revolutionary, and is highly collective.
This kind of communism, I suspect, will prove far more formidable–and appealing–than the old.