How significant is 'significant' ??
We built a car with 4" / 7" RC F/R (not at the CG, but plenty above ground) so that we could run soft springs and no ARB because the competition at the time was at a paved baja course known as the Silverdome (04). Virtual swing arm length was equal to 1/2 track width. ARBs seemed really dumb to me... compared to just running more spring - they stiffen 1 wheel bump and roll, but leave pitch soft... at a track that was known to scrape the rivets off the pan under your feet because of bumps and transitions in braking zones.
Was there a lot of Jacking.. yup. Did we figure that out ahead of time.... nope. Was the car super quick in slalomns... yup. Could the car handle rough bumps... like a champ. Was the front outer wheel cambered the wrong way during cornering because of jacking, short swing arm, and soft springs... yup. Did the car win the skidpad event anyway... yup. Pretty sporty in AutoX and Enduro.
Not something I would do for a smooth test track, but if I was going back to Pontiac it would be a good starting point.