Thanks, Paul and Rivk. My original post is specifically about the S-Mode, not the Eco/Normal/Sport setting.
From everyone I've talked with since my original post a few months ago, the S-Mode seems to be a feature with no real practical use. Yes, I can control - within limits - when my car shifts from 1st, to 2nd, etc and sometimes it's fun to play with this. But, I'm told, there are protections built in to keep me from hurting the car, for example, by running the RPMs dangerously high. Also, I'm told, if I ever really need to accelerate the car quickly to get out of a tight spot, the car will respond equally well whether I'm in S-Mode or not.
I'm left with the impression that the S-Mode is just a toy (not that I mind toys).
Dan