you can not bypass it if you use the P07(VX) ECU.
that box runs the EGR valve stuff, also there is the 5 wire O2 sensor to run. From DX to VX you would have to run 6 wires from the ECU to their respective locations under the hood.
If you have a '92 DX or the VX engine harness it would make it easier.

IMO the VX engine is great for fuel mileage but not much else.