Britains' performance at the Bejing Olympics is astounding. If you look at current geographic boundaries and gold medals, then the UK is in third place. Absolutely awesome, given that the average briton weighs 200kg and gets out of breath waiting in the McDonalds queue. Most schools have sold off their sports fields, and (thankfully), most sports teachers have been laid off. Given this background, its amazing that we excel at anything other than Sumo.
Now, since the US seems to want to spin its results to show that its in the lead (total medal count vs Gold Medals), then why not do some more statistical spinning. For instance, if you count the EU as a single superstate, analagous to the US Federation of States, we win.
Or even better, if you look at the British Empire at its peak.
Excellent stuff, and can be found here