As long as people want to race, and compete, and feel like they're actually doing what the simulator says they're doing, then LFS lives.
Also, in Race 07 and GTR2 I can hammer the throttle to 100% coming out of corners, with no aids, and maintain control, of almost any car, especially with GTR 2 (Limited play with Race 07). How is that realistic? LFS will make you pay, as you would irl. Torque oversteer hardly exists, just understeer, incredibly easy to simulate. I don't think these two games even simulate downforce.