Originally Posted by smokey847
If you perform this mod, will there be any loss of quality if you just conjoin the existing wire back together with a wire nut?

If the wirenut is really applied properly (hold the wire pair 2" back from the wirenut and twist until the wire spirals to your fingers) it should be OK. But you won't have enough loose wire to do that.
I used male and female "bullet" connectors. Crimp on type. Much more secure.