Today's the day that most offices and schools Stop Doing Stuff for a few minutes. Which, depending on your perspective, could be quite useful.
Personally, I've generally tried to avoid the Melbourne Cup in my later years. It's more of a family matter: my grandparents enjoyed the horses quite a bit, my grandmother in particular, and Melbourne Cup always brings back memories with them, the good and the bad.
So for me, I enjoy the aspect of offices taking a break, even if it's only for a small moment.
The break from the day to day office routine can be really rewarding though, even if it's only an opportunity to catch up with colleagues you don't get to talk to often. A lot of places will have an inter-office BBQ; it's hard to pass up even a badly grilled sausage sanga.
What about yourselves - what do you usually do on Melbourne Cup day? Does your office take time out for it? Do you watch the race itself, have a bet, take part in some sweepstakes? Or do you avoid the event altogether?