Pretty Big deal in my book. Try to get that out of there. It shouldn't require much torque to remove it since the head is missing - you might get lucky and simply twist it out with a scratch awl or something similar.
If that doesn't work:
I'm almost positive that bolt is made with high-strength steel so use a cobalt drill bit - left handed twist if available - and an Easy-Out to remove it.
PS: Use penetrating lube
I think you have a misunderstanding of the definition of torque. Just because the head is missing does not mean that it will require more or less torque to remove.
I think you have a misunderstanding of the definition of torque. Just because the head is missing does not mean that it will require more or less torque to remove.