For the record the hole is centered, allbeit pretty darn big, 6.5" in diameter. The bodyshop guru got pretty nutted up thinking (and over-thinking) what the hood travel impact was going to be and any possible rubbing or snagging on the cap.
I think those concerns were a product of the uncut filler neck projecting up in its raw state. As Erik posted his desired height is what I was looking for and at that configuration I see the hood just lifting right up when need be... My guy was thinking there was some lateral travel or something so he mapped out this craterous surround. I OK'd it. We have a stainless steel surround ring that was to go on as a finishing touch and in the beginning it was looking pretty sweet.
When the hood went back on the car, the problem became the filler neck in that it was not in the middle of the hole. Again with the over thinking and over compensating! With the flip style cap there is the 'handle' area of the cap, the little hook and catch-y thing that makes this sort of asymetrical. A twist off cap like the original 550 no problema, all round all the time.
Lots of words over such a minor modification. It was mostly for looks and part practicality. My personal prejudices heat up when I'd have to fill up and my bonnet wasn't counterbalanced like true 356 hood hinges are...instead I'd have to use that sissy prop.
Anywho, I think the flip filler caps can ride comfortably close to the hood's surface without binding. I think the hole can be notably smaller so as not to take on song flute characterisitics when crusing.
Truly a measure twice cut once exercise, but maybe go to two cuts if the first hole is too small. Ahh, the double entendres and sophomoric comparisons this modification brings to mind... Rick, I'll just use the French tickler as a helmet when I drive down to Knotts. I'll just cut a coupla eye holes in it and Voila' Medicine Man is back! People will wonder what station I'm listening to!