Hey just thought I would pass on a bit of information for all those Tj owners. Actually now that I think about it, I don't see why this wouldn't work on many different 4x4's.
I was going to buy some aftermarket sway bar disconnects, but after looking at the stock ones and comparing them to others such as Rubicon Express, BDS, Warrior and a few others I decided not to. Instead, I removed the lower bolts, and drilled a hole through them so that a spring clip, hitch pin, or lynch pin would sit flush against the washer. Now the bolts can easily be removed. After removing the pins and bolts, the sway bar is rotated up into the fender and a zip tie fastens the bottom of the sway bar connector off to the side and cleanly out of the way of both tire and suspention travel. I wasn't sure if this set up would even hold against the stresses of the sway bar, but believe me, I abused the crap out of my jeep for about an hour and the 1/8" hitch pins I used aren't even bent a little bit. There are no signs of wear, or tension on the pins.
I'll post in the future and let people who are interested in doing this very simple modification themselves know how mine are doing. As a side note, I filed the threads that I drilled through so that the factory nut could be re-installed if the pins don't hold. I'll take some pics and post them tomorrow.
Josh