Ben, ET Streets are a grooved slick (crossply, not radial). You're thinking of ET Street Radials - different beast.
Lith, a launch is a launch is a launch. It's only G-forces and you won't have any oil pressure problems just from a drag launch. Seriosuly, it wouldn't even cross my mind as a concern.
I would suggest you also use crossply front runners with the ET Streets though as radial front/crossply rear can have disastrous consequences.