I cut off 1.25" off my Monkey Lite (not CNT) with the same method as above. 1 wrap of masking tape and a really fine tooth hacksaw.
When cutting, I used an old crappy brake lever as a guide so the cut would be straight and would provide a guide for the blade to rest against. It also helps prevent fraying of the bar since I cut RIGHT against the clamp.
I let the blade cut on its own and put very little downward pressure on the cutting teeth. Let the saw do the work.
Once I finished, I lightly hit all edges with 500 grid wet sand paper to catch any small frays. Easton has a bar cutting how-to in their FAQ here:
http://www.eastonbike.com/downloadab...-05-Carbon.pdf