No it won't blow up in your face. However the cluster comes out in about 10 minutes and a new bulb isn't exactly expensive... If you're going to get rid of the airbag you might as well go to a 89-below column with the tilt steering and ability to run a wheel that does not suck.
2000 Mustang GT Steeda #0048 34k miles. 99 Cobra 4V swapped, FTBR IRS swapped, exhaust, tuned by James Gordon.
Just because I give you advice, doesn't mean I know more than you. Its just means I've done more stupid ****.