I've cut springs without issue, BUT, they were grossly oversprung for the car. The correct way is to use a high speed cut-off wheel so you don't overheat them and ruin the temper. What I do is use a spring compressor to hold them up in the coil tower, then cut off 1/4 coil at a time, NO MORE! You can cut more off, but you can't put it back on. Then re-assemble it and see how she sits. If I need more, I do another 1/4 coil. It's a lot of work, but it must be done incrementally, as there is no formula that says "cut this much to get this much drop". Doesn't exist. Cutting it effectively shortens it, and that raises the spring rate, so expect a firmer ride, as previously stated.