The lip is structurally necessary to provide stiffness. If you are cutting it, the wing will become rather flexible, and with the dynamic load from the front teardrop mounts being taken by the wing and inner wing, something will start to crack.
The correct way to do this is to get the Sports Pack reinforcers and template (try Somerford Mini, item 11 in link below), cut the wing away according to the template, and weld in the reinforcers, which replace the lip.
http://www.somerford...&id=6&chapter=1
Or, if you don't need to remove so much metal, make a new lip to the dimensions needed and weld it in, or form a new lip, without cuts in it, from the existing wing, e.g. by using an arch roller.
You might get away with fitting a new lip with a proper structural adhesive, but the conditions needed to apply such adhesives, a fantastic degree of cleanliness, controlled environment, etc, make them rather difficult to use at home. But as this is for stiffening, rather than carrying primary structural loads, it may be viable to use an adhesive.
Edited by tiger99, 11 September 2013 - 09:31 AM.











