There is no way that thing is for structure support, it is mounted with week metal tabs like others have said. There is a real crossmember just behind it and the bumper provides support too, especially if you have a aftermarket steel bumper.

Anyway, I cut mine off a long time ago, and rotated my electric sway bar up and out of the way too.

 

I guess I can agree with that. Dont cut it unless you replace it, just incase or it makes you feel better. But the crossmember itself isnt that beefy. I am glad I replaced it.

The bumper/skid combo I used was the basic DX and skid, it called for it to be removed.

 

I cut mine off and replaced it with Expedition One rubi skid plate. This will give you a lot of clearance plus it is much stronger than the bash bar.

If you do not have an electronic disco, you can probably fabricate a skid fairly cheaply. I really doubt that the bash bar is structural. Its so flimsy.

 

The bash bar is known as the under-rider bar and no one really seems to know what the hell it is for except the engineers that drew it up. I suspect it has something to do with front impact with small cars.