Quite right. Rip the damn thing out. Boy do I hate bike alarms. Bloody things. Pain in the backside. They don't deter thieves with a van anyway and they constantly flatten batteries or immobilise the bike leaving you stranded. One of my old Bimotas had one and a mouse scratching its arse would set it off at night.
If I was searching to buy a bike back in the UK, and if there were plenty to choose from (e.g.GSXR750), I would actively avoid the ones with alarms - although the seller usually saw it as an asset. It's the insurance companies to blame I suppose. Personally I'd rather pay a bit of extra premium to not have one.
Nice (98/99?) Blade - I always liked that colour combo.