I have a shrine in my room too, Dar. It is a Buddha statue with a framed picture of the Buddha and his five disciples under the Bodhi Tree, sitting on sheets on an alter in front of a candle, with a platform with incense burners and candles and a tea cup for water or tea.
-Out of respect for the Buddha, Dhamma, and Sangha, I burn incense and set out water or tea, and light candles.
-To remind me of the teachings in my own most private place, and to be mindful of the three jewels, I keep my feet from pointing at the shrine.
-I have a shrine/meditation half for my room, and a sleeping part of the room (where my rolled sheets are).
So you see, I practice something quite similar to the tradition, but not for it's own sake.
Sometimes no Buddhas arise in the world. Sometimes they do. When it happens, it is for the welfare and happiness of men, out of compassion for all creatures. For a long, long time he has been working to become a Buddha. He met other Buddhas along the way. And after his long striving he attains his final life, yet not without showing everyone else how to get there.