Removing parking brake street/strip car

Professor Fate said

Yay. Aside from the obvious safety aspect, if your car is licensed and you live in an area subject to vehicle inspections, you won't pass without a functioning E-brake. And if something were to happen, your insurance company would likely deny any claim if they found you had disabled/removed the parking brake.
Just make sure it's adjusted properly so there's no drag when not engaged.

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As far as I know, the only 'safety aspect' of a parking brake is to keep a car from rolling away on a hill. If the hydraulic brakes completely fail, the parking brake may help slow it down over a longer distance though it certainly won't stop the car in a panic situation. I actually do use it in my truck all the time but more so it does not rust away from not being used.

Didn't really think about the DMV inspection point which is a good one, ultimately I may have no choice about it.

The weight and clutter are big factors for me. Between the lever, cables, rear actuator hardware, and brackets it's probably 8-10lbs of dead weight.