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I have pondered this and it makes sense as the unsheathed cable obviously cannot experience any friction (ignoring mud, water, air). But in my experience and I think for most home mechanics, unless you have files and very nice, very sharp cable cutters or a Dremel the cable/ferrule/stop interface is the bit that generates the most friction. So adding two dodgy cable ends is probably worse.
You can tell when you start adjusting down the length of the cable, the last few cuts (where you're cutting close to the end already, and thus get more deformation, fraying, etc.) tend to make the friction worse
frankenbike
Nah, scoble is wrong, you'll have more friction on the cable for the longer it goes through the outer housing. Using the cable stops will reduce the amount of cable that's rubbing on the outer and make the brake pull smoother.