The phb will cause AT MOST 3/4th inch of lateral movement. Which is are less then it would do in a hard corner. So yes, the suspention is FAR from ideal, but a phb will just aid.
Actually, if your phb is level at ride height, and is 25 inches long, for every 4 inches of suspension travel, your axle will move 0.322 inches. I believe ( *****DISCLAIMER, "I BELIEVE"****) that I read somewhere that the factory suspension allows for more the 2 inches of movement during hard cornering. That is cause for a ton of bind right there.