Every car will react differently but theoretically, if you remove the EGR you'll probably see a small increase in HP at cruising loads when the valve is typically open the most. If my info. is correct, the EGR valve closes the higher the load because the richer A/F ratio reduces NOx. At WOT it's fully closed so you won't see any gains there. Also, you'll most likely see a decrease in fuel mileage. Additionally, and0r is correct in saying EGR causes considerable wear on an engine. Check out this graph from a 2011 paper in Applied Energy by Deepak Agarwal, Shrawan Kumar Singh, and Avinash Kumar Agarwal.
Granted, that's from a small two-cylinder diesel engine but it's only 96 hrs of running......you don't want to see the difference in carbon buildup. While I'm not advocating it, unless you live in a state which requires inspections that include emissions testing (VA), no one will bother you. Except maybe for that one mechanic that figures out what you did and reports it. Personally, it's bad for the environment and not worth it to remove.
Granted, that's from a small two-cylinder diesel engine but it's only 96 hrs of running......you don't want to see the difference in carbon buildup. While I'm not advocating it, unless you live in a state which requires inspections that include emissions testing (VA), no one will bother you. Except maybe for that one mechanic that figures out what you did and reports it. Personally, it's bad for the environment and not worth it to remove.