Of course the EV Art Show is about the art. It can't be divorced from the scene it, the art, first and foremost created. It was not just a bunch of people drinking in bars, e.g do you think the "Meat Market Scene" will end up in a gallery?
Did David W. live and die for your dismissals? Just because you don't like the art doesn't mean it is not a real force... we did not predict then how important it would be, and you can't predict now how influential it will continue to be.