This is something that has bugged me in pen & paper, MMORPG's, and most other RPG type games.
I've always thought racial stat bonuses limit your game play options and prevent you for making a character you might want to make without really adding anything to the experience.
If I want to make a dwarf wizard or lizard rogue I miss out on primary stats.
All this does is limit my race / build choice combinations and I've never seen what it adds to any game other that limiting my choices. On the other hand I do like races having special skills or abilities because that generally doesn't take away from the core of your build but still makes each race feel different.
I'm not a min/max player so I still make what I feel like making based on the character I'm going for but don't like that picking a race takes away from the core stats.