To each his own...consider the tradeoffs -- possibly mis-measuring your hole, having a full tank of gas...simpler replacement 100,000 miles later...resale value (not that anyone would notice...)
I am not at all mechanically inclined. I found dropping the tank pretty simple, although siphoning out 14 gallons of fuel first was a pain, as my SHO has a screen in the filler neck to keep out large impurites from the pumps. I had to lower the tank onto a floor jack, slip off the retaining ring, then siphon out the fuel. I wanted to look inside the tank, so I dropped the whole thing and thoroughly inspected the tank and the fuel assembly.
I would suggest dropping the tank, I know it can be reinstalled. I'm not sure if one can undo a hole under the rear right passengers seat.
If you do cut a hole, are you going to create a hinge or a latch of some kind to keep it covered when you finish, or just not worry about it?
Either way, good luck!