Powershell - Tail Windows Event Log? Is it possible?

Per MSDN docs:

Get-WinEvent is designed to replace the Get-EventLog cmdlet on computers running Windows Vista and later versions of Windows. Get-EventLog gets events only in classic event logs. Get-EventLog is retained in Windows PowerShell for backward compatibility.

And spurred on by my own need to tail a non-classic event log (would that be an event log nouveau perchance?) here is the wonderfully concise code of @mjolinor repurposed to use Get-WinEvent:

Set-PSDebug -Strict
function Get-WinEventTail($LogName, $ShowExisting=10) {
    if ($ShowExisting -gt 0) {
        $data = Get-WinEvent -provider $LogName -max $ShowExisting
        $data | sort RecordId
        $idx = $data[0].RecordId
    }
    else {
        $idx = (Get-WinEvent -provider $LogName -max 1).RecordId
    }

    while ($true)
    {
        start-sleep -Seconds 1
        $idx2  = (Get-WinEvent -provider $LogName -max 1).RecordId
        if ($idx2 -gt $idx) {
            Get-WinEvent -provider $LogName -max ($idx2 - $idx) | sort RecordId
        }
        $idx = $idx2

        # Any key to terminate; does NOT work in PowerShell ISE!
        if ($Host.UI.RawUI.KeyAvailable) { return; }
    }
}

I added in a few bells and whistles for convenience:

• By default it shows the last 10 lines of the log initially, then concatenates new entries as they occur--you can adjust that to any number via the ShowExisting parameter.
• It sorts records with oldest first (contrary to Get-WinEvent's default) due to the natural order that tail requires.
• You can press any key to terminate (but not in PowerShellISE).

I've done this on occasion:

$idx = (get-eventlog -LogName System -Newest 1).Index

while ($true)
{
  start-sleep -Seconds 1
  $idx2  = (Get-EventLog -LogName System -newest 1).index
  get-eventlog -logname system -newest ($idx2 - $idx) |  sort index
  $idx = $idx2
  }