Mythbusters
This was a topic for debate around the gunshop counter one day. I have a two piece FLGR in my Colt 1991 stainless, one of my common CCW guns. I fired it with the guide rod in place, then with the front of the guide rod removed, then with a GI style short guide in it. We also tested it with and without a Wilson Shock Buffer in it, I use one of those. While the Shock Buff seemed to make no difference, the gun was more accurate by a small but noticeable amount with the FLGR in it. Ammo was the same, same shooter, same conditions. It was only one gun and it has a lot of custom work, but those were the results.