I've travelled all over Greece and seen more authentic, traditional Greek dancing than many folk. I've also been enraptured a thousand times by all kinds of Morris dancing. And in no way does this peculiar and ridiculous spectacle resemble either of those art forms.
And I'm sorry, but it IS funny, side-splittingly so. I haven't laughed so much since that Kirsty Allsop programme where she interviewed an old chap who kept bees. In reply to her question, "And where did you find the swarm?" he said, "In a lady's bush." I laughed about that for nearly a whole week.