I guess its designed to crush during an accident, so it will still serve most of its purpose there. However, the front tow hook also mount onto it- I wouldn't expect it would have the strength to put it out of a bog/ditch anymore. Not much of an issue really, its not like we treat them like a Landcrusier! Except maybe Craig...
Ben - Taste is personal, good on ya for making it your own. If you like it, thats all that counts!