CLEAN : Beer and bull riding: Australian revellers celebrate the outback

The video transcript describes an event involving participants like Brandon and JD in Perry County. It highlights the annual ritual that has been a tradition for the past two years, emphasizing the enjoyment and lifestyle associated with it. A participant shares their first-time experience, expressing excitement about fulfilling a bucket list item and appreciating the cowboy culture.

What does the speaker mean by 'it's just a good life'?

What does the speaker imply about the experience of attending the event?