Do away with Racial abilities!

I know everyone thinks it is cool, but the problem is:

In a game where every stat and point counts, it pressures those who want to have the competitive edge to pick a race they normally wouldn't go with:

Examples: Undead

Almost any class undead can play (exception maybe warrior)- it is considered "ideal" to play with because of the racial abilities.

If they take away these dumb racials, players can pick race for the most important reason- What will I have to look at for the next XXXXX hours of my WoW life?

With racials gone it will make balancing easier- they can merely focus on class balancing and rather than say, "oooh how will this buff overbuff this race because it already has this racial buff"

Just my 2 cents.