This is a very interesting discussion for me to read. I develop ABS, TCS and ESP for a major supplier, unfortunately not for the Protege

Either way, the basics are the same:
1. It will take ABS longer to stop on "deformable" surfaces like gravel or deep snow, the snowplow or wedge description is right on the money. Most factory specs are 120% of locked wheel stops on snow or gravel. The difference is that you can steer.
2. I know many good drivers can "beat" the ABS when trying, and certainly on the track. However, I doubt any of us could do it when a 4 year old jumps out in front of you, not even Schumacher. My race car has no ABS and at work I do probably 10 to 100 ABS -vs- non ABS stops a day and I still just mash the pedal when there's an emergency on the road.
3. Our mantra is "stability, steerability, stopping" meanting #1 don't spin the car, #2 let the driver steer, and #3 get it stopped. This is the direction from the OEM's and this is why you can beat it. Trust me, if we just had to drop anchor and not worry about controllability it would beat the best drivers.
4. No, you can't perform the perfect "Scandanavian flick" with ABS on, if so your gradma might accidently use those inputs and end up backwards. If you want to rally the car just pull the fuse.
A tip for improving the ABS performance is to still use your driving skill to more gently "load up" the brakes. If you wallop the pedal before weight can tranfer forward we have to dump pressure to keep the wheel from dropping right to lock. If you gradually apply pressure like you don't have ABS until you feel the car "set" and then push into ABS we will "conrol" the pressure rather than dump and recover.
Happy ABSing
Alex