You're definitely the first person I've seen rank Rainbow Road in S-Tier. Our peers usually rank it lower. I'm closer to where you are personally. Yeah, it's an easy course, but I've always struggled with Yoshi Valley and Banshee Boardwalk, so I've always found this particular Rainbow Road to be relaxing.
Sherbet Land in A is incredibly based. Never played MK64 but in Wii it was easily one of my faves. Hitting the drift through the whole ice cave is so satisfying and the track really tests your abilities to cut the corners to succeed.
14:28 I knew it was gonna be the music the minute you said there was one thing in particular that made it deserving of being on a rank. Probably the best Rainbow Road theme.
Personal bias is definitely always a factor. Banshee Boardwalk and Bowser's Castle are tracks that kill runs and cause mayhem. None of these tracks get F tier on my list. Choco Mountain might get D tier though.