R-Fast
Half as good as you thought you were,... nobody likes a braggart.

I remember driving around a friends orchard in a paddock basher when i was 17, & it took me a week of practice before i was half as good as i thought. Perhaps i had an even more inflated opinion of my skills than you did, but the exercise was an eye opener for me. I quickly discovered that it's often the ones with the highest opinion of their skills who are most in need of an awakening. It worked for me.
The only motor vehicle collision that i have ever been involved in was when i was badly side swiped by a 17 year old with a 3 week old licence, who thought he could drive. He would be about 40 by now, i wonder if he wories about his children at the wheel these days.
NIS15L
Your point is well made, & i can see that you feel that whatever system is offered up needs to be fair & balanced, but your illustration is perhaps a little bit 'out there.'
I must confess that i have never seen a "kid in a V12 Ferrari," nor do i think i will anytime soon. As 350Z's get older & cheaper, then this situation may actually accur, but these are not the vehicle types that seem to have been featured in the more spectacular collisions recently. They seem to have been more popular makes & models. None the less, your point is a valid one.
We will never drain the excess testosterone from our youth, & maybee we shouldn't want to, but perhaps we can reduce the ability of some to get themselves into situations from which they have no chance of recovery, taking out several innocent lives in the process. Lets hope so.