Darren,
I believe the cut will be pretty much where the line is on the sport scheme pictures on the website.
Looking at the schemes it would seem that the black "swoop" would be unaffected and the colour on the leading edge would simply continue onto the winglet.
The whole tip style issue has only just started being discussed but I think it is probably safe to say that, ultimately, you will be able to have the winglets, they'll match the schemes, fit properly and be of normal C-ARF quality. The factory is not going to let some dirty hacked tip sellotaped on
Rgds,
Mark