Yes, if you undo that nut (It's actually called a banjo bolt) then brake fluid will come out. And brake fluid is really corrosive on paint, if you ever spill any wash it off with water immediately.
Rerouting the brake line isn't the easiest thing in the world. It needs to go down near the steering head stem, so it doesn't loosen or tighten as you twist the bars. That's what that big loop helps with, it will change shape very slightly as you move the bars.
To change this you will need to have a shorter line fabricated then figure out how and where to bend and route it.
I had a similar thought, but it all got too hard.
Rerouting the brake line isn't the easiest thing in the world. It needs to go down near the steering head stem, so it doesn't loosen or tighten as you twist the bars. That's what that big loop helps with, it will change shape very slightly as you move the bars.
To change this you will need to have a shorter line fabricated then figure out how and where to bend and route it.
I had a similar thought, but it all got too hard.