The breathless, gloom-and-doom, news reports about growing motorcycle deaths in the US that come out occasionally (NHTSA recently announced the 2005 figures) certainly grab headlines but seldom reflect reality. In fact, we are in the midst of the biggest motorcycling boom in US history, and popularity of the sport rather than greater risk seems to be driving the trend.
Though the 2005 motorcycle registrations haven't been reported yet, they will be an all-time high, near 6 million (2004 was just short of the 1981 record of 5.8 million). And this comes just 10 years after the slump the mid-90s when registrations were down to 3.8 million, the lowest since NHTSA began reporting in 1975.
Of course, growing popularity has a downside—more riders, more crashes, more deaths. But, while the fatailty rates per registered bike and per mile ridden have increased from their mid-90s all-time lows, they are still relatively low when viewed historically. There were nearly as many bikes on the road in 2004 as in 1981, but deaths in 2004 were 20% lower (see chart—data from NTHSA Traffic Safety Facts 2004, and 2005 Motorcycle Fact Sheet). Too many riders are dying, for sure, but we have made progress.
Here's a phenomenon that has puzzled me, and I would be interested in your opinions: Motorcycle fatality rates (per bike, per mile) seem to be affected by the growth and decline of the sport. Rates were high in the early 80s when motorcycle registrations peaked, they fell as the sport hit the skids in the mid 90s, and they are increasing again as sales and registrations climb to new highs.
My theory is that average risk in the riding population is strongly affected by newbie riders. When the sport ebbed in the 90s, we were left with a higher percentage of die-hard, lifelong riders. Average experience was high, and risk was relatively low. But when sales surged, the newbie percentage increased and average experience dropped—less experience, greater risk. If this theory is true, we should continue to see rising rates as the popularity of motorcycling grows, and they will fall only when sales and registrations flatten out.

A superior rider uses superior judgment to avoid problems that would demand his superior skill.