It is a very useful gauge. What makes it dangerous is 50 plus year old wiring and and loading circuits with accessories. Every electrical powered accessory is measured across the amp gauge. You can keep some load off the original wiring by using relays to switch the load of higher amp (added) devices directly to the battery. You have to remember that doing this just switches the load to your alternator, and it has to be able to recharge the battery. The wiring to it is also 50+ years old. In reality you have just switched where the danger is. If you're going to bypass the amp gauge upgrade everything, just not bypass the gauge. If you don't you have just changed where the fire is going to start. If anyone ever buys one of my cars the amp gauge hasn't been bypassed and there are no additional accessories. I'm staying oldschool there. Even my cars with gen III engines are operating the original wiring as a subpanel to the new components so they put no additional load on 50 plus year old wiring. Also if a wiring harnesses isn't up to par, replace it. Expensive yes, but which is worth more to you, your car and life or skimping on the cost.