Browsers will assume that the site is using very old, outdated code and render the page according to old-style rules. Why are you asking? There's no reason not to include a doctype these days.
You also run the very high risk of causing IE to go to sh**s. Without a doctype, it will be reverted to IE5, and if you've had to code for that browser, blessings on your soul .
As Ralph asked, I too am curious why you would even want to bother taking it out?
Twitter-@Ryan_Reese09 http://www.ryanreese.us -Always looking for web design/development work
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