I found the races had a lot of background information that started shaking some story ideas loose. I agree, however, that race could blend into the background and not have any effect on the stories you tell at all.
As far as your morality question, maybe you could do it like Call of Cthulhu. When folks meet someone new have them roll morality. If you roll over the morality you have the NPCs react with fear and deference. If you roll under Morality you can have them behave normally. Just a thought.