I think having the council is still important! Even if TPTB does basically nothing to support us and even got rid of our security floor, it still gives everyone somewhere to look for help and make moral judgements, and they know that they can count on us for a call to action should it come to it. We've usually made big decisions as a house vote anyway, so we're less security and more an advisory council. I vote to keep it!
Also, as a member of the council, it would have been nice to know that people were thinking of disbanding it, but it's fine!