Nah. No cut-offs, and 1:1 aspect for me (even if it does mean black sidebars).
Note that even with that the TV itself over-scans (cuts off a few pixels all around) - if set to 1:1 or "just scan", the actual picture edges jump around (especially with something like BBC Breakfast, where video is supplied from multiple sources). The broadcasters seem to rely on having a dead band to play with, for reasons unknown (as I have previously noted, that was necessary for analogue TV, but now it's digital...).