Last year when I won, I offered one of the tickets to banshree, but she turned around and gave it to her mom. Luckily, this year, she got to go.
In order to not take up a ton of room here, I've written it up with pics here: Balloon Race commentary with pictures. The pictures are small, no more than 320x240, so if you'd like a larger one (I have up to 1280 x 960) let me know and I'll be happy to email it to you. Just drop me a line at gmail.com. My email is my LJ username. (Take that, spammers.)
It was extremely hazy due to a forest fire, so the colors aren't as good as they were last year, but there are still some neat pics.