this could apply to politics in any country of course, though my experience is obviously of the British situation.
my verdict since 1997: CLASSIC (though obv frustratingly so when the other side is just ahead, but classic nonetheless) because you feel you're at the hub of the really important issues: the people you know will have higher than average significance balancing how things are done, what the worldview is, who makes the laws etc etc
also I've experienced it both when the other side is ahead and (currently) when something closer to my side has the advantage
― robin carmody (robin carmody), Saturday, 5 October 2002 23:29 (twenty-three years ago)