I've done my days of the burnout.....but, I will hoot and clap at a good burnout.  I really like to watch a donut burnout (on a Harley).  Once saw a guy do two in a row, one with the feet on the ground, and then jumped on the pegs, and didn't another, then really burned it up and shot out of a cloud of smoke.  It was impressive riding.
Thorns