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The idea of removing or replacing the power steering unit isn't anything new. More commonly in high end racing vehicles (like the Acura NSX), instead of putting in a hydraulic based power steering system, it has an electric motor to turn the wheels. The electric system is overall more efficient in addition to being able to take more wear. There are some other vehicles that have completely removed the power steering for the sake of better fuel economy, like the Geo Metro.
Honestly, I don't think you'll get about 10-15hp by removing the power steering unit. I would venture a guess the number would be more like 8hp.
Though, instead of removing the power steering system, I would recommend installing a underdrive pulley setup instead. While it won't give you as much power as removing the system, it will reduce the power all the slave devices (power steering, alternator, a/c) receive. Overall, that should give you a solid boost of power without completely compromising on wear and safety of the vehicle.
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I don't know if it's just me, but I can't help but giggle a bit when people refer to transmission fluid as tranny fluid...
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