In NZ, your suggested mod would require an engineer's report and subsequent official certification. That's probably of no interest to you, and indeed, if done covertly, would not be picked up during a normal 6 monthy roadworthiness inspection.
However, you can bet your left knacker, should you still be in possesion of it, should the unthinkable happen, an insurance would gleefully use that as the perfect excuse to decline a claim. If that concerns you.