I do not currently have an ADF in my airplane, although I always did in previous aircraft that I have owned. If it weren't for the fact that I have a Garmin 530W installed I would still have an ADF for that rare time when there was no other approach available. However, since there are very few times when a GPS overlay approach is not available, I find that an ADF isn't necessary. And, as far as using it as a back up means of navigating, when the GPS reception is out, I'd rather rely on the good old VOR. Having said all of that, my advice would be that if you already have a good, reliable ADF installed, you might as well keep it. Afterall, they sure aren't worth much on the used market.