I actually wrote a fairly long post on how the sway bar works and how, in spite of how simple it is, impressive it does its job. Copied and pasted from Tacomaworld. Thought this might be relevant to y'all. It's not an ultra dangerous thing to leave the sway bar off as long as you drive like you know it's not there. It's certainly true, however, that emergency lane changes and such could be the death of you. That being said, the handling and MANNERS of the truck are what is compromised during daily use.
1) On a road, the truck performs WORSE without the sway bar. This is a factual statement; no opinion.
2) Stiffer springs will minimally help combat the degraded performance.
3) If having a poorly handling truck is acceptable to you, that's your decision entirely. There are other STOCK vehicles that will tip over well before your no-swaybar modified Tacoma.
Springs are rated by the amount of force that is required to get them to compress by 1 inch. The stock spring rates on a Tacoma are 560 I believe. The silver Eibach springs are about 650; so 90lbs of extra load is required to compress the spring 1". Say we're taking a right turn, that 1" of compression will translate into a certain amount of roll angle as the driver's side wheel moves up an inch and the body rolls that direction. With stock springs, it requires 560 pounds of force to accomplish this. With the stiffer aftermarket springs, it requires an additional 90lbs. So as many are saying, this compensates for NOT having a sway bar....or does it? Keep in mind, while this is happening, the inside wheel and suspension are actually pushing UP on the vehicle, actively trying to flip it over.
Let's check the math. But before we do, does everyone actually understand how a sway bar works? A sway bar connects the left and right suspensions by way of a thick steel bar. As the suspension on one side of the truck moves up, it also causes the suspension on the other side of the truck to do the same which lowers the vehicle. Factually speaking, the two sides are linked together. Yes, the sway bar will exhibit SOME flex but if you've ever held the massive sway bar in your hands you'll have an appreciation for how stiff that bar is.
Moving onto our calculations....remember we stated a Tacoma with Eibach springs will take 90 extra lbs to get the truck to roll to the same degree as a stock spring truck with no sway bar. Now let's put the sway bar back on the stock spring Tacoma. Since the left and right suspension springs are now linked via a mechanical bar, the spring rate just doubled on the outside wheel, the one being compressed. This is because the weight is being taken off the inside wheel as the truck rolls out. So now our effective spring rate on the outside wheel is 1120lbs per inch. This of course ignores the minimal flex we'll get from the sway bar twisting under force (because I have NO idea how we'd figure that out). So the stock Tacoma with the sway bar requires an EXTRA 470lbs of force to get it to tip the same angle under turning than even the upgraded Eibach spring Tacoma. That's an extra 42% spring rate (I think that's correct) over the Eibachs that were supposed to be an "upgrade".
So what does that mean? Well the math says you're WAY better off with stock suspension and a sway bar. By a HUGE HUGE margin. The best part is the magic and witch craft of what a sway bar means for your daily comfort when NOT turning. If you are getting your stiffer spring rate via inherently stiffer springs, your ride will be way rougher as you travel straight on the road since your OVERALL spring rate is much higher. But having the sway bar allows you to run a much softer spring rate for driving comfort that only presents itself as a stiff spring when in the corners. Clear as mud?