As a simulator, GT5 needs to give players an option to use more advanced tuning settings. Look at how many options a PC sim like Rfactor has that GT5 lacks:
Gear ratios, engine settings, weight distribution, steering lock, and realistic brake bias settings.
I agree with this, especially for brake settings.
What is in GT5 (and has been until now in previous games) is unintuitive and hard to tune. Brake pressure/power and bias should be separate.
Regarding engine settings, in GT1 there was a turbo boost pressure adjustment. I wonder why it got removed since then.
An adjustable rev-limiter could be a way to both adjust engine power and offer more variety with other race regulations.
The lack of manually individually adjustable gear ratios is unexplainable.
Tire pressures, slow damping, fast damping, and packers.
I agree with tire pressures, but separate slow/fast bump and rebound shock absorber settings and packers seem a bit too much to be honest. I don't know if the GT5 car physics engine is that sophisticated for these to make an appreciable difference. Surely, a more advanced telemetry system (what is now in GT5 is pretty much useless) would be needed. No way one could be able to properly set those only by feel.
Third springs, caster, and brake disc size.
Brake disc size in GT should perhaps be included as additional "tuning parts".
PD would need to properly implement brake dynamics (fading, vapour lock, the lag of stock brake systems, etc) and the difference between different materials and brake pads.
I'm happy with most things in GT5, but I don't understand why things as important as tyre pressures can't be changed. Or why the damper settings can't be more detailed.
Tire pressure and camber would be way more interesting and useful with detailed tire temperature data. In that way one could easily maximize grip. Related settings would also make way more sense. Asymmetric tuning would also be a good addition for advanced users.
I'd also add option to select how much fuel to put in the fuel tank, personally.
But before that, PD should first implement correct fuel tank sizes, and not only an universal 100 liters fuel tank for all cars (a large capacity "racing" fuel tank could be a new tuning part, however).