Burj Dubai: An economic stimuli or just the mark of economic excesses?

The Burj Dubai just saw it's grand opening with fireworks launching from every deck, massive crowds, and spotlights lighting it's perimeter as if it's very exsistance could fix the recent economic woes of the region.

There is no doubt that the building is a specticle to be had.  It's broken every record in the book, from tallest structure to highest fireworks ever launched.  But will it deliver a boost to an economic slump in a region used to luxurious excesses?  Many feel it's quickly becomming a marker of what happens when a government that nearly enslaves it's out of state workers to meet profit margins largely scewed to fill the pockets of the upper class CEO.  While others think that the appeal of the structure and the draw of attention it has recently recieved will bring more investment and more attention to a part of the world that really needs it to keep it's head above water in an economic climate not fit for the financially meek.

What do you think?  Will this building hurt or help the future of Dubai and Middle Eastern economics or help it?  Does presenting a financial district in Las Vegas style attire win the hearts of investors or is this the equivalent of letting your guard down with 10 seconds to go in the game?