The particulates ist not my bigger concern. If you burn a tyre doing a burnout there is no difference with wearing it in the course of many miles. Only that all the particulates are thrown together at the same time in the same place.
If the "cool factor" is what you are looking for, I vote for wheelies. At least it takes some skill from the rider. For the burnout, you only need a powerful engine and a powerful brake.
Before considering burnouts, just search in youtube. There are hundreds of burnouts went wrong.
When I had to replace my car's tyres, I also thought about doing some slides. Went to an empty parking lot, accelerated, turned and pulled the hand brake. The thing didn't want to skill. Tried harder but nothing. It was pointless to ruin the hand brake or the clutch for that, so I gave up.
I wonder how can anybody do burnouts or wheel skidding with a vehicle they love. Obviously, I could have tried harder both times, but the reward didn't seem to me worth the risk.
Nevertheless, lend me your car or bike and rest assured I will make some smoke.....