Psssch.... do it! Break free from those chains of ink chip enslavement. Completely useless function, other than to force you to buy their overpriced inks.
But here's the catch: You are totally, 100% responsible for monitoring your ink levels. Never let the printer run dry. It's really bad for the piezo electric nozzles. The chips main function is to run an algorithm based on approximate ink usage. That tells the printer when the cartridge is out of ink. There is not other physical monitoring of the ink levels. So, if you go bulk system, make sure you always have a steady supply of ink on hand. Because the printer won't stop when it thinks it's out of ink. (even when you shake the cartridge on an "empty" and there is still ink in there)