I always thought the chain guard was just to prevent oil and stuff from getting thrown up at the rider. Today my bike shed it's chain at about 90 mph (outrunning a tailgater and trying to get to the right hand lane). The chain guard is absolutely mangled. Makes me realize what that could have done to me. The sprocket cover has a crack, but nothing broken as far as I can tell.
Now, since I have no chain breaker or grinder, how do I remove links to shorten my new chain to 88 and get my bike on the road for tomorrow's commute? I can then go to the salvage place in the afternoon to get a chain guard (if he has one).
Lesson learned: check chain tension every 600 miles like the owner's manual says. I ride that much in a week, and haven't checked the chain since shortly after getting it installed last fall.