It is, and quite accessible in terms of cost. Pretty awesome actually. BUT…
You’d have to be at quite an advanced level to benefit from the changes that you can make and then you’d have to actually know what you’re doing. Those videos from Obsession Engineering were interesting as you get some idea of how they are using data and rider feedback to determine the changes to make in the ECU, trying various things and finding what is or isn’t working. It looked like quite a steep learning curve. And then it will be different again for a different circuit.
Playing around with this stuff would probably do more harm than good in the wrong hands (mine).
I’m reminded of a quote by Jeff Goldblum’s character in Jurassic Park…
For your normal track day rider it’s clearly overkill, but at least the Honda has that potential. The chances are you’d never need it and so it’s a question of whether the difference in price is worth it for the DVO and rear brake feature. I doubt there’s anything in it between the Hypure calipers on the V4/S and the Stylema R on the SP. There’s more than enough ability to adjust settings on the V4 and I think the SP has similar stock adjustments available.
It would be interesting to know with certainty if the V4S is using the same spool tech as the SP.