Yes,good idea and put their initials on their number plates so new fans can recognise them all.
If there must be a parade lap then my thoughts are that it should be slowed right down and spaced out so people can get a good look at the machinery and riders.
Currently by the time you have focused on Ago going out of sight, Jim Redman is right in front of you, either that or they go past in a pack of five riders so you can't hear them individually.
Also a lot more participants are needed as the parade laps I have seen are over in a flash.

If it were possible to put on another race for classic bikes, or something different from the producion bikes, instead of a parade lap, then I feel the spectators would at least go home with a varied experience.