So if your head is in pain, then just cut it. If this isn't what you are proposing, then what.
LFSworld provides usefull information and stats, without taking account hotlaps. Even the so hated hotlap list is a useful feature that can help at anytime someone know the level of competition at any given combo. So instead of jumping at once in a race, being all over the place, someone could study some hotlaps to learn some lines and know the apox speed he sould carry in varius corners. (not all hotlaps are unrealisticaly driven)
If used right, the ability to download some replays of fast laps, can save for a lot of frustration.
There are other ways to prohibit extreme cheating. HLVC is there for a reason. It could be easily set to make those laps invalid.
Button/macro clutch is not really that great of an advantage… and even this could be taken away just by limiting the maximum speed the clutch can be operated.
Anyway enough captain obvious statements on my behalf.