I'd agree for the most part. The only game I can remember that did do this was microsoft's 'CART Precision Racing' from wayyyyy back in the day. I've done the same thing in my own demos in the past too
It just seems like such a clever solution to an ongoing problem with racing titles.
Hopefully we'll see something like this soon, or in some free patch. It makes me sad because I remember I had a mod for GTR that did this way back...and it tempts me to upgrade my PC and get back into sim racing on that