hehe, I remembered seeing some pictures of your vette with tape on the back when I origionaly posted this. Yeah, I get it... but the cars we discuss on this forum are from 7-15 years old... and generally not rare or particularly valuable. A very old, rare or valuable car, of course I would like to see it taped and used, but mustangs are so horribly common, so just makes me laugh a little.
I guess it comes down to... if you are sooo very worried about the paint, what about the rest of the components that take a beating when you burn out?. A street burn out to make a smoke show is MUCH MUCH different from a track burn out where you are just trying to heat the tires. At the track, you have water to get things moving, a generally clean and smooth surface and the tire speeds are kept reasonable. On the street, most people will just see how fast they can spin the tires to make the most smoke possible, which is hell on every bearing and wear material from the engine to the wheels. Especially if the surface isn't smooth or you get into wheel hop, or something like that.