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re: "Teams can still build their own bikes. They do NOT have to buy the Honda bikes."
correct, an individual or entity can do ALOT of things, but lets not confuse that for being a good idea.
re: Other Manufacturers can always come in and build a bike same as Honda for Euro 1 million....no one is stopping them."
correct, it's not a person. the thing that's stopping them is ECONOMICS. only big money honda can afford to engage in "zero sum games" and "free lunch". and even THEIR boffins are having difficulty just like i predicted. yet another check in the box for s1.