It would be bad for the sport if Ferrari won everything. Just look at 2000-2004. It was boring for the most part.
I must admit even I found this period boring.
I like it when Ferrari win but I prefer when there is a good fight right till the last race.
I know it sounds like something out of Ripley's Believe It Or Not!
But it's true. 
I found 2002 and 2004 total bore-fests and it wasn't just because Ferrari were always winning, I first started watching when McLaren totally dominated 1988 and it wasn't boring then, nor was the 90's in the years Williams totally dominated. What was boring during 2002 and the first race of 2004 which totally put me off F1 was the fact Barrichello wasn't allowed to fight for the Championship, he was clear number 2 and also track action was poor thanks to TC, driver aids and Mad Max's stupid ideas.
The banning of TC and engine braking is helping the excitement improve, but Sunday's crap race was a combination of bad results (from my point of view) the fact it's a Hermann Tilke track which has been made worse by the new asphalt, the race being overhyped, the rain never turning up, lack of attrition and the race just generally feeling like being brought back down to earth again after the thriller at Melbourne.
I completely agree. When McLaren were massacring everybody in the 1980s, the team had the balls to allow some of the greatest drivers ever compete: Lauda and Prost, and Prost and Senna. In the '90s, Williams allowed their drivers to race and, earlier in the decade, Senna put in some stunning drives in what were pretty poor cars, always livening up the show. The Schumacher era was completely boring not because of Ferrari just having the best car, but because we could never see a battle between Schumacher and his teammates; how good was Schumacher really when you boil things down?
Ferrari leaving F1 would be a bad thing sport and business wise. Sure they are in bed with the FIA and manipulate events to suit their needs but the bottom line is they built a superior car between 00 - 04. Even without the FIA it would have been hard to imagine anyone but Ferrari winning as all the other teams were not at their level. I didn't hear this kind of whining from Mclaren fans when Mclaren won four titles in a row.
I agree that Ferrari leaving Formula One would be a disaster for the sport; they are a team with wonderful history and charm. I also agree Ferrari were, buy and large, streets ahead of the rest from 2000 to 2005, and that it would be difficult to see anybody else winning, but that doesn't completely explain the bore fest. As said, when McLaren and Williams were wiping the floor with everybody, we still had vintage seasons due to the ways in which those teams were run. Your remarks about McLaren's domination are unfair for the reasons aforementioned.
Ayrton Senna: WDC 1988,
1989, 1990, 1991
McLaren: WCC 1974, 1984, 1985, 1988, 1989, 1990, 1991, 1998,
1999, 2007McLaren: WDC 1974, 1976, 1984, 1985, 1986, 1988, 1989, 1990, 1991, 1998, 1999, 2008
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