I cut mine to eject only at 1/2'' from full retraction to conserve as much quill travel as possible when working.
To determine how much to cut off, first insert the uncut MT in a fully extended quill. Then retract the quill slowly until the MT ejects. Measure the quill extension from the tail stock and subtract 1/2''. Thats how much to cut off the tang on your MT.
To determine how much to cut off, first insert the uncut MT in a fully extended quill. Then retract the quill slowly until the MT ejects. Measure the quill extension from the tail stock and subtract 1/2''. Thats how much to cut off the tang on your MT.