+1 on safety. Even if your old tires are structurally sound but are hard as hockey pucks and have 1/3 less grip, you are exposing yourself to at least 1/3 more danger. These are monotrack vehicles, we do not have 3 other wheels helping out. At some point that 1/3 may mean you either steer around something and keep going or hit it. Since there is nothing between me and the pavement but air, it's a no brainer.
The problem with these rationales is that you have to draw a line in the sand somewhere and say enough is enough. If a 5-year-old tire has 33% less grip (I doubt anybody has any hard data to back this up BTW), then probably a 2.5-year-old tire has 20% less grip and a 1-year-old tire has 10% less grip. Wouldn't that 10% less grip possibly make the difference in an emergency situation? Shouldn't we therefore replace tires on a yearly basis? Maybe even six-months? Where do you draw the line?
There are a multitude of hazards in motorcycling and if always err on the side of safety, you'd never ride at night, never ride when it is wet, never ride with tires more than six-months old, never ride without full leathers/back-protector, never ride unless the helmet was less than a year old, etc. etc. etc. Better yet, you'd never ride at all - the accident statistics of motorcycles are appalling compared to cars.
As someone else said, there are a lot of factors affecting the aging of tires. Calendar time is certainly one, but a one-year old tire exposed to a lot of ozone, industrial pollution, and sunlight might easily be in worse shape than ten-year-old tire stored under ideal conditions.
I think the customary five-year rule is conservative, assuming average conditions. If the tire looks good, I'd probably ride beyond five-years on a classic I rode as a Sunday afternoon cruiser. OTOH, I just replaced two-year-old, half-worn tires on my sportbike because I'm doing a track day with this bike. On the track at maximum lean angles, I want new tires under me.
IOW, some judgment and common sense needs to be applied, rather than just blinding saying that you always need to err on the safe side.
- Mark