I actually took mine off, finally, when I was rebuilding it following a nasty crash, as I had the swingarm replaced. I don't know why I removed it, what the purpose might be, I just noticed that most track-only bikes didn't have it. Now I get to have chain lube fling in more places, LOL. Not sure of the purpose of removing it, but I did. No issues. If nothing else, it looks cooler. LMAO.
I don't know about Hondas, but when I removed the pod on the left clip on, I left the clutch switch intact. Apparently that's necessary for Suzukis.
I would recommend a shark guard.
Nice trackbike choice, btw.