Once i would cane my bike everywhere i went if the road was empty. I obeyed 30's but everything else was fair game. Susprise suprise i began to get unstuck and putting myself in dangerous situations..running wide on corners...impatience on overtaking etc. I then realised that the risk was unnesesary and pointless. Someone said that bragging at riding fast was like bragging how far you could throw a ball. I never got to a crash but have come close and kicked myself for being a t**t. The wife and kids wouldn't be happy to say the least. Things changed when i did trackdays. I realised my riding was pants and there were plenty of people riding faster and safer than me. so i started thinking more closely about my riding. I've seen it said before but try riding without using your brakes (unless absolutly necessary) and using sensible throttle control instead. Lower your speed and don't bow to peer pressure. let others hurt themselves if they want too. Ride within your own limits and build up gradually. Ride like a fart if you want but you can ride quicker if you give it time and practice. California Superbike School will be a well spent few hundred quid, and trackdays, to find out for yourself your own limits in relative safety.
I personally think riders on the roads who try to emulate our TT heros are due an early grave. There are exceptions but the rider is not the only factor out there.
One last thing before you all go to sleep, get a copy of Keith Codes' 'twist of the wrist', read it and apply some science to your actions. Someone on here has a link to a PDF version.