What kind of idiot are you ? Of course the wheel is still spinning. Does your front wheel quit spinning when you hit the front brakes ?
On a full superbike and on the Kawasaki 600 supersport bikes (ZX-6R) they have slipper clutches. You don't have to feather shit. You down-shift 3 times and dump it... thats the beauty of the slipper clutch... and why its called a slipper clutch.
I'm not sure who you're talking to, but I used to be a professional level racer, and am still a front running club and regional racer. Alot of my friends are still what you'd consider AMA Pro's, which just means they race nationals. And we (Hi-Side Racing) also help sponsor several "Pro" level racers.
None of my friends and very few of the privateers can afford a slipper clutch, so they're careful downshifting going into a turn hot, which does tend to get you a little sideways.... thats a little sideways.
Ben Bostrom, Rossi, Yates, Hayden sideways or backing it in is caused by rear brake.
All of those mentioned, except for Rossi were exceptional dirt trackers,which is where they perfected that. Rossi came up through the GP's.
125 & 250 GP bikes have no engine braking at all, so you have to use the rear brake to settle the bike, the same way we use engine braking to settle the rear, except he's more aggressive, and it is very clear when he gets off the rear brake and it straightens out in a corner.