Agreed. There is assumed risk either way with 40 year old cars. I get the argument: "Halo bars and a-pillar bars are closer to occupants than a-pillars, window frames and door structures. And those bars are hard." Got it.
On paper, that argument is rock solid. But go ahead and tape paper to your tires and start driving. The paper comes off in, like, a half a block.
In reality, an impact or rollover can move A-pillars, doors and other sheet metal structures closer to you. ....And a-pillars, doors, roof sheetmetal -- and even door glass and trees are more than hard enough to scramble your brains on impact.
Cage design matters as does the right seats. I have, however, eliminated my back seat because I could not envision a safe solution for rear occupants.
That's just my perspective, of course. Safe is a new car with 17 air bags that remains parked in the garage. Everything else is assumed risk.