Ever consider that the top-strap is what makes it a "Strong Modern Gun"?
LOL
Consider the history of the Open Top. It was made for about a year, in 1872, when the S&W patent on drilled-through cylinders expired. Colt wanted to sell them to the US Government, which promptly said, "No way. That thing is way too weak. We want something like the Remington New Model Army revolvers that proved themselves in the War." So Colt made the 1873 Army, which of course went on into history as one of
the great gun designs.
If you want an Open Top, go buy a Uberti replica and keep your loads reasonable.
Consider this: the Colt design supports the barrel using two frame elements, the bottom solid frame and a thick cylinder pin.
Note the large cylinder pin that's attached to the frame.
Full-frame single action revolvers do NOT use the cylinder pin as a structural part. The pin is relatively thin and is held in with some retainer like a small set screw, a spring-loaded pushbutton latch (the Ruger has that), or some other non-load-bearing retaining design.
Here's the Remington New Model Army that proved itself to be a stronger design in the Civil War.
Note that the cylinder pin just slides in and out, and does not strengthen the revolver's frame.
So, while the early Colt cap & ball and open top guns didn't have a top strap, they did have two structural parts in parallel, the bottom frame and the cylinder pin, holding the barrel on when the gun was fired. Full-frame guns, including the Remington, 1873 Colt, and a host of lesser-known designs, use the top and bottom of the frame only; the pin is
only a pivot for the cylinder, not a structural part of the frame/barrel assembly.
If you cut the strap off a Ruger (or any other full-frame single action), you only have ONE, and it's in a position where the bullet has a lot of leverage to bend the frame down. The gun would probably last for a single round, and even that one round would shoot VERY low.