I believe when he is talking about "cutting the collar" he means cutting the collar at the collar wrenching device thus making it look like the collar was properly installed, but really it never reached the design torque to snap off. Either that, or they are scoring the collar at the wrenching head causing the collar to torque and snap at an easier torque point.
Either way, that would overcome the design flaw in the fastener (ha,ha)(what....no sense of humor?)
I hope someone from Boeing reads these threads, but then again, would they really care?