I shoot with both eyes open, and yes, I rarely use the bead. Mine is white, and I'm not sure if I use it as a frame of reverence for those quick shots, like #8.
I may pull it off and see how I do. I may also get some blue loctite and see if it holds. If heat loosens it though, I've been pretty good at shooting with a frequency to get a pretty hot barrel. There are few things more satisfying than an hour lesson spent mostly shooting clays