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Speaking as 'an old duffer' we no longer go to BD as we found it to be very 'samey'. We did our last one in 2023 and yes it was good but we just never felt excited by it.
Bearded Theory on the other hand changes, adapts, excites and all in bucket loads whilst still have some of the same each year. We book tickets for that the day they come out and plan to keep doing so til we are older old duffers
Given that it was always intended to be "the Levellers Festival", I don't think there's really much scope to change the demographic and go for a younger crowd.
With Levellers winding down as a band, I think that the Festival hits a natural end pretty soon rather than limping on. Maybe as soon as 2026 being the final one. If not then surely by the end of the decade.