I'm glad to see the back of the ol' 2-bangers though they smelt great! They sound vastly inferior to the four strokes and are now obsolete technology, basically being phased out by emissions laws.
As for the actual racing, well that goes in cycles and generations - ages if you will. Superbike racing during the 90's was brilliant and it had nothing to do with the bikes being 2 or 4-stroke. Currently Grand Prix Motorcycle racing is entering a definate golden age, the best since the late 80's and early 90's after experiencing a couple of eras of domination. I really think that the racing will tighten up as this year goes on and we will be very fortunate to witness what is to come over the next few years.
All is not lost people!
On the topic of TC, I don't quite know where I stand on it really. It is possibly better for the racing without it but, as a motorcyclist, the development of it through racing benefits us on the road.