“people are realizing more and more what Chol HaMoed REALLY is…. YOM TOV,”
Exactly. Since it is Yom tov, it is only appropriate one wakes up and davens as late as possible. Then meets his friends for a trip to Manhattan or shleps with his family to an amusement park, then runs to a concert at night, then hangs with his friends at a simchas beis hashoeiva somewhere till 2am, gets home exhausted and collapses on her until the next morning. Where the exact same thing is done once again only on different locations.
Chag sameach.