Get both! Problem solved.
We do too...as well as a few different size Xikar punches and we just got the new Xikar V cutter...which is a great addition as I occasionally used that version many years ago.
Truth is, you definitely need a few different ways to cut a cigar based on it's ring size and personal preference.
To this day, there's just something to opening up the humidor, carefully selecting a cigar, and THEN deciding how you want to cut it based on all the different options you have available. I personally think it's an equal part of the whole ritual of enjoying a great smoke....selecting, cutting, lighting & smoking.