Chicken strips are just for showing off to friends - they don't have any real effect on anything. Truth be told, with the M5's you'll never lean it enough to get close to the strips, at least, I can't see it. I've never gotten close because the bike doesn't really have to be that 'hard over' on a corner - at any speed. The M5's stick like glue. Traction will never be a problem with them
I've run somewhere around 6 sets of M5's and am now testing out the M7's. The M5's are a very firm tire. They stick like glue and will never let you down. The new M7's are softer and I have yet to really put them through their paces. I've also not yet run in the rain to see how they do (as compared to the M5's).
I'm running 110/70/17's front & rear with the bike lowered to adjust the trail dimension. I also shortened the wheelbase a bit when I change over to the M7's. So far, the handling is very neutral. But, like I said, I need more time on the M7's in varying conditions to really determine what's what. On the other hand, the M5's are a proven performer in all weather, at all speeds, and on crazy corners. Can't go wrong there at all other then they are stiff