I personally like to be able to move my peep to make adjustments if I need to.
Paul.
I used to just tie above and below the peep for that very reason.
Then some Bass turd moved my peep at a tournement while my group was pulling our arrows not a big noticable move but enough to thow everything off.
I still do tie above and below untill I get the peep exactly where I want it then re-tie this way