To get big stock-type or MP bars down to a lowered-looking ride height (lower than stock by a good bit), there may be very little or no preload on the adjusters. I've got 1.14" bars and only enough preload on the adjuster to keep things from rattling. I suspect I could remove them and be OK with the ride height, but I drive this car on real streets, so I'm a little higher than "race".
For alignment purposes, you want to be low enough that you're on the compression side of the movement curve. That may help a tad with the alignment setup, but you'll be close to or on the bump stops. I personally don't think that's a big deal, as the bigger bars don't need as much suspension movement, and a stock rubber bump stop acts like a variable spring as it compresses. FWIW, I have NO compression bump stops on my car, and I don't think I've made any LCA/chassis contact. I'm not doing any Duke Boys maneuvers, either.
Clair