Whatever. I'll weigh in.
I don't have the competition gene, so take this as you will. I am so not an elitist, either.
I do not think there should be "exciting" competitions. I think that might attract the younger divers, but I don't want to see increased death rates because of it (and there will be).
I have never expressed this before, but I would rather less, not more, people took up diving. I'm selfish, I know.
Lastly, I believe, as others have stated, that it is a matter of money and attention that more younger divers do not stay in the fold.