Cut or Punch?

My cigar buddies and I seem to have very specific ideas when it comes to preparing a cigar especially when it comes to cutting or punching it. With the exeption of figurado's, I much prefer the punch method, I find the draw is more even, the feel of the cigar in my mouth is tighter and I don't have problems with the wrapper comming apart towards the end of the smoke.

On the other hand, many of my friends prefer to cut the cigar saying it delivers a truer flavor to the smoker, is more traditional and offers a much more consistant draw than a punch.

So my question is, which is it for you, cut or punch and why?

Do a search, this has been asked and answered many times. The search function is your friend

What a noob I am, sorry disregard this horribly trodden question. I will search from now on.