The sailors who would have got the tickets surely are dissapointed, but I dont know if their national association would be dissapointed? Spending more money for a very slim chance of medaling? I dont subscribe to that line of tought, that is not what the olympics are supposed to be about.
How the russian and georgian teams, or the other european teams for that sake, can participate in the olympic games when we have war between two european states dont fit well with what I understand the olympic games to be about either.