Not a close call in my mind: get the spacer(s). I would not cut anything off that steerer - there is nowhere near enough margin for error in my book. Another advantage of the spacer: it lets you get the stem a little higher than if you cut it. There will come a time when that matters, even of it only a difference of a few millimeters. Don't ask me how I know.
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"I'm in shape -- round is a shape." Andy Rooney