[Chris h]

Ron, my method is almost identical to yours, except I use a large tubing cutter instead of the exacto knife. It leaves a much nicer cut. After cutting just under the crimp, the cap will sit in place and the cut is almost undetectable.  I just glue the cap on with a few drops of super glue. It is important not to get heavy handed with the cutter. Just go slow and let the cutter do the work.