Worlds?
Clip-ons and Ape Hangers are worlds apart.
Dragbars, Clubmans and Clip-ons are neighbors... and the Bandit's stock Superbike bend lives down the street.
I didn't say they'd be the same, but near.
I used to swap my GS750's stock bar for a Clubman depending on my mood and where I was taking the bike... now that's a huge difference, it took me from bolt-upright to cafe-crouch. A dragbar on a Bandit, for most of us, will still have you leaning down & forward.
I suppose it matters what clips on you use and where they are positioned. If you were to put Katana, Blackbird or other above-the-triple-clamp clip-ons on a Bandit, they'd be in pretty much the same spot as a swept drag bar. If you use clip-ons below the upper triple, they'll be lower than a drag bar - and how low depends on where yo want to put them, especially if the bike is unfaired, but you'll still run into the clearance issue with the tank unless you do something with the steering stops. Maybe no big deal, depending on your tastes.
I still think a $30 drag bar would be an inexpensive way to see if that's low enough for someone contemplating a more agressive riding position... and they're a lot easier to install than below-the-triple clip-ons.