ABS and an airbag should probably be standard fit; even on a Morgan. The need for ABS could be mitigated though by a thorough understanding of what ABS does and doesn't do and instruction on how to drive without it. It certainly changes my driving, not having it, and my appreciation of the road surface I'm driving on. An airbag on the other hand is almost a necessity. No matter how good your appreciation of the road and your driving, someone can always drive into you.
I would have ABS over an Air Bag any day, if you need the Air Bag...its too late!
