I think they should be banned, just like the "oreillettes". Banned as in the ability for the riders to have access to the data during the race, not the ability to record the data for training purposes.
My view is that the priority of professionnal cycling should be to put the rider back at the very centre of the sport. Cycling is with Boxing historically one of the two popular sports centered on the two key notions of pain and combat.
- Pain because just as in Boxing where it is about enduring hits, in cycling it is about enduring the gruelling climbs, the 20 days of racing in a row, the conditions, etc...
- Combat because in cycling the riders are all together on the road, they can touch each other and they fight and try to defeat each other to arrive first. You "punch" the other riders with your accelerations, you look at them, you can almost smell them and in the end the objective is to defeat them, make them accept your superiority.
This is what made the legend of cycling, The famous rides and duels, it is the drama, the Anquetil/Poulidor, the Coppi/Bartali, the Merckx against all, the Lemond/Fignon etc...
The key there is the humanity of the riders. they Suffer, you see them suffer, suddenly even the best champ is stuck on the road. If the word wasn't overused I would say the essence of pro cycling is promothean : The champion rises above the other, but ultimately he is called back to earth and defeated, by age or a new champion. One of the reasons Armstrong is so hated by cycling fans, beyond his doping and mafiosi attitude, is because he betrayed that drama by winning and then leaving on his own terms. Compare that with Indurain who accepted his destiny and lost. Defeat as much as victory is part of what a cyclist champion is. Rob us of the defeat and we feel cheated. Had Armstrong lost the 2003 tour he would be a lot less hated.
Anyway my point is that the humanity and the rider should be at the heart of the sport. Make it again about riders, together on the road and cut from everything else. This means no radios, no access to SRM or Heart monitoring data while in race, Just the rider, his bike, his teammates and his rivals, all on the same road.