Captures the brilliance of the theatre, the play itself, the excitement of an opening night, and the tension of acting, as well as something about the opposition between art versus commerce - whilst still being a damn fine comedy/drama.
The way that the subplot of Geoffrey's madness, Oliver's death, and the love triangle with Ellen was worked in - of course mirroring the play itself - was most powerful in this episode. The flashback sequences were well designed: stark, poignant, and they never veered into self indugence. They were the inciting incident behind the entire story, and seeing them wrapped up (and Oliver gobbled up by the swans!) was a nice example of televisual bookending.
After five previous episodes and five weeks, it was rewarding to see the show come together, and the standing ovation was as much the TV audience's at home as the one in the New Burbage.