Don't get me wrong, it's exactly what i've done to mine, doesn't make it any less daft imo. 
The 205s don't seem to have much power steering anyway, at least my stdt certainly doesn't, but it's really noticeable on the 306. I drove Jonny's estate when he converted that to manual steering and it was pretty damn hard work, and that was with the standard rack. Although that was going up prescott, perhaps not the right test bed, and tbf it did feel great to throw around.
Tbh you'll find it hard to use any space you free up down there, it's tucked pretty well out of the way - i've gotten rid of mine for the drive, if it was just to get rid of the pas pump i would have used the electric set-up from a 106.

The 205s don't seem to have much power steering anyway, at least my stdt certainly doesn't, but it's really noticeable on the 306. I drove Jonny's estate when he converted that to manual steering and it was pretty damn hard work, and that was with the standard rack. Although that was going up prescott, perhaps not the right test bed, and tbf it did feel great to throw around.
Tbh you'll find it hard to use any space you free up down there, it's tucked pretty well out of the way - i've gotten rid of mine for the drive, if it was just to get rid of the pas pump i would have used the electric set-up from a 106.