I'm pretty sure that not all of the KERS systems use batteries, but of course most do. The kinetic system seems to me as if it would lose energy but the battery system is more complicated (as if F1 cars aren't enough already).
This is not a cost saving measure as they've been aiming for but the technology is interesting. Does it seem safe? Well, gosh, actually no, and in fact it may be pretty unsafe. But if this were asked of the F1 big wigs the response would be in the best F1 tradition -- "What's yer point?" :shakehead 60kW, possible lithium battery venting, carbon fiber parts moving at up to 80K rpms -- all at up to 185mph or in 3-4g corners. What could possibly go wrong?
Probably a large part of the reason for KERS is to increase passing, but not so much for racing than so the TV fans will find it more interesting. As in maybe Bubba the NASCAR dude will watch one of these races. Nothing against NASCAR, or even F1, but I'm way more impressed by changes to even up the teams (limiting bodywork, change in tires, etc.) than what I see as marketing by engineering (or vice versa?).
The technology is pretty dicey. And I go back to GP races in the late 60's & 70's where drivers were killed on a sickeningly regular basis and even the highly toxic rocket fuel blends of the 80's turbo era. I think that someplace I have a photo of Christie Brinkley in the pits in Detroit in the 80's, smoking a cigarette while leaning against a fuel drum. :duck: I've seen all that and I wonder about KERS. But yeah I would like to get my hands on one of those cars.