Glad I'm not alone. We will have other races though... just human-type races such as Zormite. (since you can no longer "sethead/setbody" there is a new way to obtain these different races.
They won't have any significant advantage over any other... Basically Zormite are just like Humans... only they look like fish creatures. =P This allows everyone to wear the "human" clothing while being different races.
I think the enormous variety of appearance options you'll have for your character should make up for the fact that you can't be a bomy. I mean you get to change your skin color, hair color, eye color, gender, every article of clothing you're wearing, and so on.
If I was bored enough I'd come up with the actual amount of different possibilities available... I'm sure it's reached the millions by now.