[Martin Smith]

Hah... yeah, a few, unfortunately. Since you asked...

• Unclear how chosen drivers would review the footage and report their findings. Do they have to watch the replay right after the race is over? What if they didn't record the replay? Do they have to go to the SRS website and fill out a form made available to them indicating that they are required to review an incident? And then get to view what... some automated replay created by SRSTV and made available for download? The logistics!
  
• Random drivers may or may not know race craft well enough to be valid judges of incidents elsewhere on the track. Or maybe they just have really bad opinions about what constitutes a divebomb or the like.
  
• Besides, drivers that have incidents might not be the best judges anyway... wouldn't you want your judges to have zero incidents?
  
• There are lots of ways this system could break down under drivers with intentions in bad faith. Playing favorites in reviews involving buddies, intentionally penalizing people you have had problems with in the passed, even if they weren't actually at fault THIS time, etc..
  

So yeah. It has some issues. The only better system I've seen than SRS's protest form method is in some leagues one or two drivers sit out a race and act as racing stewards. You kind of have to have full buy in on such a system, which works well for organized leagues of 10-50 people or so, but the second it gets into the hundreds of participants, dirt simple is the way you kind of have to go. And have it be run by dictatorship (which is what we have here).

[*]Well yes, I said it would be complicated to implement. Programming, logistics, whatever.
[*]There's a lot of agreement about who's responsible in racing incidents, the chance of getting 2 or more drivers who are all wrong is pretty slim. Can happen, sure, but would be rare.
[*]Race judgement and judgement after the fact are pretty different. No red mist, no defensive reasoning, no self-validation involved.
[*]Since reviewers would be random you'd have to have a lot of friends in the race to allow you to hit people in bad faith and expect to get away with it. Penalizing people you hate, sure but again it would take 2 or more random people to agree on the culprit, so a bit of a safeguard there

Still exponentially better than what we have now, discounting for all the back end work it would involve. Just admit my idea is perfect, alright?