Cutting seatpost - Advice please

After my ride today, Ive decided I'd like to shorten my seatpost, as on the downhill sections I'd like to lower it for better pedaling etc.
Heres a pic of my bike (with the red lines showing the total length of the post, Its a bit hard to see the lower end @))

My question is would it be ok to cut it near the yellow line? I cant lower it at the moment because the post would hit the top of the rear shock. Would cutting it there have any disadvantages? Im guessing it would make no difference to the seatclamping mech, as thats not affected by the cut?
Heres a pic of my bike (with the red lines showing the total length of the post, Its a bit hard to see the lower end @))

My question is would it be ok to cut it near the yellow line? I cant lower it at the moment because the post would hit the top of the rear shock. Would cutting it there have any disadvantages? Im guessing it would make no difference to the seatclamping mech, as thats not affected by the cut?
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Posts
Problems with cutting a seat post? you may not be able to get the correct riding position when not descending.
Parktools :?:SheldonBrown
Dan Freeman Photography
Parktools :?:SheldonBrown
Dan Freeman Photography
This is the minimum amount of post you should have in the frame, any less & you risk damaging your frame.