I've come around on cut autographs. I'm sure glad someone cut this one from an autograph album before I bought it so I could display Ames' signature with his T206 card.
At the same time, there is something really special about a perfectly signed index card or album page, which I prefer to enjoyed without a cut. I wouldn't cut my latest HOF addition to make a custom.
I think it comes down to presentation and enjoyment for the viewer. What story does the autograph tell to the beholder?