If WSB lose Bayliss to the Ducati MotoGP effort and Edwards (finally!) picks up and moves to Honda MotoGP, WSB will struggle simply because they are the two best riders out there by far.
As for djbs question, the reason for the rule changes concerning MotoGP was to get rid of 500cc motorcycles. The manufacturers saw no need in racing these, as they are not really bikes bought on the road anymore and thus racing prototype superbikes would be more beneficial to the corporate minds.
IMO there will not be any 500cc bikes left on the grid in 2003. By that time all the manufacturers should have enough bikes for everyone.
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