I have a bike that has full Ohlins suspension and I have my CB750s. I will say that, once you get acclimated to the handling of the CB, you will find it handles quite well. Upgrades to the suspension, steering, tires and swing arm make for a bike that I can push just as hard as the full fledged sport bike. The best part is that I can rev the hell out of the CB, push it hard and I'm not doing 175 mph. I can feel the frame flex, but I find that flexy frames make for really fun road bikes and are a bit more manageable when a mistake is made.
For track use, I would add in a bit more frame support, if I was going for every last ounce of performance.