Removing bad or dead code?

I was just wondering if there is any plugins to remove bad code that is not being used?

Nope.

But if you want to optimize the loading of your blog then remove all unnecessary plugins, make sure you have simple theme, and consider using a caching plugin such as

http://ww.wp.xz.cn/extend/plugins/wp-super-cache/ or http://ww.wp.xz.cn/extend/plugins/w3-total-cache/.

Make sure you read the instructions and fully backup your blog files and database before making changes.

Before you do this, baseline the load of your blog using http://tools.pingdom.com/ and repeat after you’ve made any changes.