It's the shareholders' meeting. It's the community, present and voting, in one room, article by article. Perhaps more importantly than what is done is what is said. Listening closely, you can take the vital signs of the Town. The best part of Town Meeting is when people open up and say what's on their minds.
Some people wait all year to say it.
Others surprise themselves saying it once they stand up. All of it is sincere and important. At Town Meeting, you can measure a Town's heart. You can gauge this in the way it respects its orneriest citizen, its tolerance for the oddball idea, its appreciation of a good joke, and the way it responds to a good argument. A whole Town Meeting can be inspired, just as it can be antagonized.