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Your original question was asking why a simple "bolt-on" may void the warranty and I answered it.
If you hit a curb (or otherwise) with it off, you are on your own - just as with any other car. The difference with the LS piece, is that Ford is stating that any portion of the applicable warranty may be voided because of explicitly stating so.
It isn't that complicated. It is not a street legal piece. Use it and you are on your own. Not far from using an aftermarket tune, etc. The difference here is that Ford is giving it to you for track use only - if you so choose.
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