I agree, motorbike racing would struggle to ever get to an F1 level in terms of racing (i do still love f1 but for different reasons).
I think traction control will change motorbike racing a lot, but i think overall its a good thing, and the idea of banning it is poor. Taking away something which is clearly the future of the roadbikes and superbikes would be the end of the days when grand prix bikes were the most advanced there are, something that should always be the case as far as i am concerned. I do feel however that some rider aids perhaps shouldnt be quite so acceptable, like launch control and wheelie control technology, i know it seems like that contradicts my very argument, but to me they seem different, those rider aids almost totally eliminate a part of a riders job, wheras traction control still allows a rider to rear wheel steer and spin up his tire. Something that will require a skill and precision untill traction control really gets to serious levels.