Earlier this week, author P.C. Wrede posted on the real difference between "showing" and "telling" and what it means for a story in her post Show vs. Tell.
She has nicely put into words what I've always thought about the whole issue of "showing" (or dramatizing events) vs. "telling" or (stating something without actions or thoughts to back it up).
Making it a never-to-be-broken rule to show instead of tell isn't always what's best for the story. Like anything else, these are different techniques available in your writing toolbox and both can work, depending on what is needed. The key is to think about the context of each line in the story (and that's why revisions seem to take forever).