Oh, no argument on the other aspects beyond just power. Dude, I ride a Sportster on the Dragon! I know about having to exploit strengths and work around (sometimes glaring) weaknesses.
There are lots of guys out there poo-pooing the CC advantage and I rather agree that there should be constraints.
Open class racing should be OPEN. Constraints on other classes should be firm.

For instance the 200 CC allowance for twins in litre bike WSBK. The original restriction included total CCs. I think it would have been more interesting if the twin MFGs had increased torque and regeared, rather than being able to take advantage of a displacement allowance.
$.02
Eh... we're getting off on crazy tangents.
(I'm far from an expert on the classes of racing, etc)