Why do you want to keep the EGR valve if you are getting rid of all of the other emissions? The thermostatic air cleaner, PCV valve, and evaporative emissions system are the only emissions components I would keep.
Prior to the 1970s, no vehicles had EGR and they ran fine.
Lucille: 1985 Ford F150 XLT Lariat
*Colors: Dark Canyon Red exterior, Canyon Red interior
*Engine: 5.0, CompCams 31-230-3, "Thumper" E7 heads, Edelbrock Performer intake, Autolite 4100 carburetor, DuraSpark II ignition, Thorley Tri-Y headers, Flowmaster dual exhaust, H-pipe.
*Drivetrain: AOD transmission, 3.55 gears, 2wd.