I know, but looking at it from my perspective it makes running race cars just a matter of preparation and setup, and there isn't innovation anymore. I really enjoyed my time working with vintage race cars because you see the diversity of the cars and can recognize the genius that went into a lot of groundbreaking ideas, and it makes the weekends exciting as a mechanic.
It's good for the drivers because of the leveling of the playing field, but from an engineering perspective your world becomes drastically narrowed to alignment settings, shock settings, wing settings, in a way it makes life simpler but less interesting for an inquiring mind.
F1 is all about the technology, an awesomely talented driver could get on Arrows and be a back-marker indefinitely, formula cars don't respond well to hustle at all, you must drive them through the corners and are limited by the car greatly. The street courses are where you see real feats of skill, courage, and car control, unfortunately its a small percentage of the season.
In a way, spec racing can be just as expensive tough, because it takes tons of testing and simulation to squeeze the last drop of performance out of what you've got to work with, just look at the money spent by Nascar teams to optimize 1960's technology.
Call me nostalgic, I feel like we need new racing series based on alternative fuels which allow more innovation with lots of publicity to generate interest from a wider audience to spark a new renaissance in racing. ALMS has done this to an extent, and I wish it was more popular but as of late it has been narrowing down and fading out, I guess it's just the economic conditions right now.
