I'm retired Navy also. Didn't mean to imply that this day was about the living vets, BUT I try never to pass up an opportunity to thank those who serve or who have served, on Memorial Day, on Veterans Day and on every other day.
That said, Memorial Day is, in fact, about those who stood in the breach for us and who have made the ultimate sacrifice. My wife, who is also a vet, and I attended the memorial service at the Moving Wall this afternoon. Having never been to the Wall, I found it very moving and humbling. It put me in mind of my first CO, who was a POW in North Vietnam...he was not KIA, but he truly suffered on behalf of this nation.
Thanks for the clarifying remarks and I apologize if my comments were a bit muddy.
Let's not forget the families of the fallen, also.