I just got to drive a 30th Anniversary Firebird convertible (4spd Auto), and this thing was sick. Even with traction control in a coma, the tires mainained some very nice grip, which was surprising for the power these things have. So I can see what owners of these can get low in the 1/4. I had a mid 60's camaro come up on me on an old frontage road with two lanes and very straight lines, and he wanted to play. That was pretty fun listening to two good ole american muscles growling away on an old freeway with no traffic in site.
The owner of the Firebird didn't even blink at all this nonsense. Those cars are sick man, only 1500 or so made and the guy who owns this one had another one prior. Great car with huge mid-range machismo.