I thought i heard or read somewhere that it takes twice as much ethanol to get the same output as gas. I could be wrong though, not an expert on the subject. I think it was also on an episode of OCC where they did the ethanol bike. If that is the case i can see performance lacking.

02 Black America---Don't blame me cause the black ones are the fastest, its gods doing!!! http://s279.photobucket.com/albums/kk146/jwoyshnar/