Cutting the shaft will affect the swing weight. You can change the weight from 15g to 20g on your Scotty to bump it up. The original weights is not cheap. Aftermarket weights with wrench will cost you some money too. Cheaper alternative is lead tape but it is ugly. Also, bear in mind that the resale value might be affected. If this is a keeper or with sentimental value, you may go ahead with the shortening. If given a choice, I will sell it and buy a 33inch same model. I think that will be more cost efficient.