A tempting thought process, but, at the end of the day, whatever is plugged into the connector, no matter how, or how far removed, it's still the soldering job that's holding it on. ALL stress handled by the magnet connection will be "felt" by the soldered connector (unless you epoxy the male part to the case or something). My buddy's was literally dangling. Playing a show, dependent upon either the connector holding OR the breakaway, still not good IMHO.
Don't mean to be argumentative, but still sketchy at best. I understand the open it, soldering, drilling etc. is daunting for some and this cable seems an alternative. For a bedroom player, it may translate the connection cycles to the magnet instead of the connector so gingerly doing that could extend the life. But if you're playing out, that won't be acceptable, and the mod works a charm. It's a shame, 'cause love the product, works great otherwise.