The people that have done it are unable to answer you because they are all dead followng the resulting car crashes.
Seriously dude, not a cool idea.
You can buy a set of lowering springs for as little as a ton. You would have to take the springs off to cut them anyway, so the cost of fitting the new springs is not an issue anyway.
Seriously, the car will not handlle at all. I bought a car that had the springs cut and it was the most dangerous car I have ever driven - the handling was way too unpredictable and it handled like sh*t.