The damage is done... Street racing is in the media attention because it is a great distraction from other social problems.
It is something that people see everyday (the police in ontario call 50km over the limit street racing now).
It is something that can be easily solved (zero tolerance policies that show "racers" being executed on nationalized tv stations)
It is something that brings in money for the police ($$$ tickets yo)
All bases covered, new movies will not change anything. I say, bring on the movies so we can see some fast (albeit often ugly) cars outside of the impound.