The fly-by-wire traction control system in the VE is heaps better than the old throttle relaxer in the VY or the power cutter in the VT.
In most situations it can prevent an inexperienced driver from feeding in too much power and looping the car when turning left for example.
Personally I turn it off as I am old school and prefer to be 'connected' to the car and not have it making choices for me.
This thread reminds me of that TV show on channel 7 - major crash investigation. I remember an episode where a guy loaned his V8 commy to a mate and the mate accidentally dropped back from 6th to 2nd instead of 4th. Looped the car and hit a pole.
The OP sounds like a young bloke, probably fresh off Ps?
Let me assist you, to add someone to your ignore list, click on "settings" at the top right of your screen, select "edit ignore list" from the list on the left. Type Big-Al into the box and click ok. That way you don't have to act like a spoilt little turd in front of all these nice people when you don't like what I have to say