Honestly, if you have an LTO pack you should cut both wires. It seems not many people want to cut the Green/Blk wire but that will allow you to sit in the car, turn the key to the ON position, and be able to run your radio and lights without the car battery draining.
As the car is setup now if you try and listen to the radio in the car with the key in the ON position, but the engine not started, the 12 volt battery does not charge. Which is such a stupid thing and I was surprised it was setup like this, I always expected it to always charge the 12 volt in the ON position.
I would assume the reasoning for Honda not allowing this is with the crappy NIMH packs these cars came with, there was no way to really be sure what the state of charge of the pack was, and I guess it was too risky to power the DC/DC converter without the engine running to keep the NiMH pack charged. However, with a high capacity LTO pack, there is no reason why you shouldn't have your DC/DC converter always on when the key is in the ON position.
I wonder what would happen if you left the key in the ON position with the lights and radio on. Would that drain your LTO pack down below 1.5 volts per cell?
I seriously can't be the only person who sometimes needs to sit in the car and wait, and wants to listen to the radio without the engine running?