Here's a picture of my traveler (I think...hopefully there's a picture down there.)
That block on the side of the cockpit (the seatback) is all messed up, and moving the traveler basically requires sliding it over by hand, and feeding the line as it goes. So my first thought was to replace the blocks. I also considered some other solutions that might make the whole thing work easier while reducing the footprint, for example blocks at the ends of the track.
But now I'm thinking about taking the whole thing off, including the track, and securing the mainsheet to that ring between the winch handle pockets (holding the transmission lever in the photo.) My typical sail shaping is somewhat rudimentary, just tightening here and there to make the luff and the telltales look right. I don't do any racing and will rarely get more than 25 miles from home (which means, never leaving the Chesapeake.) I'm almost exclusively weekend sailing. To be honest, the most important thing I do with the traveler is get the sheet out of the way of the companionway.
On the other hand, just pinning the sheet in the center would open up some seating options in the cockpit, and would keep things simple.
Unless there's some major performance issue I'm not aware of, the biggest potential drawback might be a future buyer who is disappointed that the boat doesn't have a traveler.
I'd love to hear some opinions. Will I not point as well? Can good use of the boom vang make up for a stationary mainsheet? Under what scenario would I regret not having a traveler?