you cannot use all of the brake systems abilities....due to traction.
what is the difference if you have a single caliper, working at 70% of its max capacity or if you have two rotors working. the limiting factor will still be traction.
dual rotors are used for a simple reason, they hold up better for racing conditions. the single rotor will have to work harder, it will get hot...and the braking will fade. with two rotors and calipers, they are less stressed, they can do the same job with less heat and perform better for longer periods of time....multiple laps.
none of this matters for a street bike, where you are not maxing out the braking system.
as has been discussed, for the best set-up you will need a new master cyl. that is designed for a single caliper....with a properly set-up single caliper system you will be fine.
If you choose to use the stock piece, it will be hard to squeeze...and will not work as good.
most people have never done this,never ridden a bike set-up like this...and are full of B.S. on this subject. my bike has a single disk, i ride it on the street all the time.