Here is a GM TSB on the subject:
GMC NUMBER: 88-T-151
GROUP: 5 - Brakes
DATE: August, 1988
CORPORATE NUMBER: 865010R
SUBJECT: REAR BRAKE SENSITIVITY - HEIGHT SENSING VALVE REMOVAL
MODELS: 1984-86 C/K 3500 AND 1987-88 R/V 3500
THIS BULLETIN IS A REVISION OF TRUCK SERVICE BULLETIN 85-B-79, DATED MAY, 1985, UPDATING FOR MODEL YEARS 1984-1988.
1984-1986 C/K 3500 and 1987-1988 R/V 3500 series trucks are equipped with a rear suspension height sensing device that optimizes the brake proportioning valve setting for the load the vehicle is carrying. The height sensing system adjusts the brake balance in vehicles subjected to a range of loading conditions. Occasionally, vehicle modifications by body builders or owners influence the height sensing device. If a vehicle has had rear suspension modifications that affect its trim height or the spring rate, and the driver comments about the brake modulation characteristics of the vehicle, it is recommended that the height sensing system be removed and the brake system be revised as described below:
Parts listed below are currently available from GMSPO.
1. Detach rear brake hose from lever and bracket assembly. Reference Figure No. 1.
2. Remove lever assembly and bracket from axle.
3. Install rear brake hose bracket (P/N 34897
and spacer (P/N 2355099) with a 3/8-16 x 1.38 bolt (P/N 358000 - shorter bolt removed in Step No. 2) in the upper cover hole. Reference Figure No. 2. Use Loctite 75 or equivalent on the bolt threads.
4. Attach brake hose to bracket with bolt from original installation.
5. Install a 3/8-16 x 1-3/4 bolt (P/N 9439637 - longer bolt removed in Step No. 2) through spacer P/N 14055556 (removed in Step No. 2) in remaining axle cover attaching hole. Use Loctite 75 on bolt threads or equivalent.
6. Disconnect brake pipes from height sensing valve and brake hose, and discard short brake pipe. Reference Figure No. 1.
7. Remove and discard height sensing valve, bracket, and bolts.
8. Carefully reposition the rear brake pipe, and connect it to the rear brake hose.
9. Bleed and test brake system per Section 5 of the appropriate Light Duty Service Manual.
Quote from a GM engineer who worked on the C/K platform:
By way of background it was placed there specifically as a "test beater" to pass the unladen portion of FMVSS 105 and FMVSS 208 brake tests.
We also used specially trained brake test drivers who we knew could achieve the best stopping distances, to help ensure passing the test.
Lastly, there was no limit to how many attempts we could make so we could also keep testing until we got the truck/configuration to pass.
I say all this to say: removing the valve should not be a problem. It was released to address this one (very specific) test situation and not for general use or customer pleasability.
Original link:
http://67-72chevytrucks.com/vboard/showthread.php?t=582800