Right you are. I guess my beef is with the plastic that covers it. Hit something going just a few mph and that plastic gets crunched and cracked, necessitating big money repairs.
On the other hand, I remember those old steel bumpers to be pretty much indestructible. (But nostalgia might be coloring those old memories.)
I guess you could take them off and put them up in the rafters of the garage till you sell it.
It would look pretty ugly, but then again...