I believe it's a question of the surface area needed to effect a perfect and reproducible connection between the spade lug and the amp. I stick the end of the lug through the eyehole all the way and tighten it down snugly. The "feel" is excellent. My impression is that the contact is superb and that Mac has done their homework. Thankfully, the AQ WEL Signature lug is a perfect fit, as you can see, to the binding posts of my XVX.
I just think it interesting, Mac's "eyehole connection" solution to the problem of non reproducibility that is similar to the RCA connector. How many times have I wondered, "Is this slightly less snug RCA connection adequate?" When is snug, snug enough? That's why I use balanced IC's whenever possible. This is why I like the RCA connector that you can screw down but there is still the issue of snugness and many manufacturers don't use this approach. Even if you believe there is inadequate surface area, the Mac eyehole solution provides a 100% reproducible very tight/snug spade lug connection between the amp and speaker. This is not debatable. What is debatable is whether there is adequate surface area. I trust McIntosh engineering that there is, for their amplifiers.