Performance Street Tires
You want a number of different things from a set of street tires. For instance, too stiff a sidewall may translate into a harsh ride. Conversely, a soft sidewall will cause the car to be less responsive and soft. A hard tire compound may last a long time but may also be louder. Too soft a compound will cause the tire to wear quickly (and it may collect rocks and debris and toss them at your nice paint job).
The "series" tire you run can have nearly the same effect as a soft sidewall. A low-profile tire has less of a sidewall to cushion the ride. This is great for most high-performance machines, but may leave your wheels open to damage should you hit a rock or pothole (little sidewall to absorb the impact).
One of the new features incorporated into many tires is a sidewall stiffener, which is a hard filler placed above the bead. By filling this void the sidewall is stiffened, making for a more responsive ride.
Another feature found on some tires is a rim protector. This ingenious feature is little more than an extra rubber shoulder near the edge of the wheel. Its purpose is to protect the wheel from damage should you accidentally get a bit too close to a curb. It's a simple feature that's not found on all tires, but one you should consider the next time you purchase tires.
One of the biggest differences between a performance street tire and a tire intended for the strip is the sidewall. On the street, a performance tire should have a fairly stiff sidewall. This allows the tire to be more responsive. Less sidewall flex will allow the car to respond faster when you crank the wheel.
With most drag tires, you will want at least a small amount of sidewall softness. This allows the tires to wrinkle. Wrinkling allows the shock of acceleration to be taken up by the tires rather than by the suspension (though ideally your suspension should be doing most of the work). The goal is to find a tire with just the right amount of sidewall softness to work with your suspension combination.
Some drag racers with a well-setup suspension may not want too soft a sidewall. The advantage of a stiff sidewall is less tire wrap or sidewall distortion, thus better reaction at launch. This is good for heavy cars, or cars with a suspension, that can absorb the initial launch. If you were running a fixed suspension car like a dragster or an altered, you would need a softer-sidewall tire to absorb the launch.
There are two ways to stiffen the sidewall. One is to run tubes to help support the sidewall. Another is to match the tread width with the wheel width. Going 1 inch wider on the wheel width will help stiffen thesidewall. One thing to remember is that too stiff a sidewall will cause the tires to lose traction on launch, because all of the torque is immediately transferred to the contact patch which, responds to the shock by unleashing cool clouds of tire smoke.
DOT legal drag tires are a godsend. Now those with streetable vehicles can drive their car to the track and not need to change to sticky tires when they get there. We wouldn't recommend driving to and from work on them, but to and from the track is no problem. One important thing to remember with these tires is that each manufacturer has specific instructions on the proper burnout. Though a John Force long, smoky display might get the crowd on their feet, it probably won't do much for your performance.