The issue is not even so much about the number of bins and response time of the Motronic. The issue is more in the control algorithm. The "learning" that the Motronic does is pretty rudimentary. It does not modify its ignition timing maps (which is very much necessary when making major physical changes), and the fueling changes are ONLY applicable in 2 cases:
1) When in closed-loop running mode (when thrittle is less than ~85% I believe and/or under 4000RPM). This is known as the short-term fuel trim. It is the instantaneous fueling correction applied via O2 sensor feedback, and will only target an stoichiometric AFR since that is the ONLY thing our stock O2 sensor can do accurately.
2) It can apply a general scaling factor to fueling (a single constant scaling factor over the whole range of bins, not a one that varies with respect to anything other than the present fuel injection rate). This is known as long-term fuel trim. It comes from some basic "learning" based upon long-term trends in the O2 sensor input versus the initial bin settings. It takes at least a couple hours of driving to get set from my experience.
So, neither of these Motronic functions can account for something like an ITB setup. Even if the fuel could somehow be done properly by adaptation, the ignition timing would still be way off. Even in the E36 the ignition timing would not be right, regardless of the knock sensors. The knock sensors were more for protection against crappy gas being used on the relatively high compression M42. The Motronic there starts with base ignition timing values, and will only retard them when knock is sensed. It will not keep pushing them to extremes and use the sensors to tune for performance...the ignition will only get retarded by them.
So there! I guess that would be the full explanation. My recommendation is to go stand-alone. Megasquirt, or Motec or Haltech systems. The latter 2 are $$$ comparatively though. Either way, expect to spend a good year messing with it and a TON of $ tuning it. Also, shave your head first and spare yourself the pain of pulling all your hair out lol.
JK it is not THAT bad. Well, maybe it is.