It's painful to watch but there's never been a regatta like it.
It's not a done deal, New Zealand - either way.
Just like Emirates Team New Zealand haven't won it until that irritatingly elusive ninth race win, so Oracle Team USA haven't yet completed one of the great comebacks in international sport.
Yesterday clearly belonged to OTUSA - two race wins in comfortable fashion on a day punctuated by fickle and changeable winds - and the pressure is clearly telling a little on Team NZ.
OTUSA have better speed off the line and maybe downwind (though that picture could change if Team NZ and skipper Dean Barker can win more starts). They have clearly done a great job rejigging their boat and are sailing better as a team at present. They have won the last four races in a row and six out of the last eight.