The argument that Rift is a bad idea because it doesn't make people faster completely misses the point. My H shifter and clutch probably slow me down, but realism and immersion is much better.
I'm not trying to be unrealistically fast, I'm trying to enjoy an accurate simulation of motor sport.
There seems to be a common delusion that most users of LFS pump dozens of hours each week into competitive online racing. Looking at the number of online racers, it quite clear that this is not the case.
The fact is that the majority of users don't play online. I'd bet also that they'd prefer realism over being competitive. Why wouldn't the devs cater for these people?
Don't forget that everyone has paid them the same amount of money regardless of how they choose to play, how often they play or whether they play online or not.