Turk,
Then the answer is to have an adjustable release that can take up the extra 1/4 - 1/2 "
For this reason I shoot with the Scott Little Bitty Goose which you can use the rope to adjust the length and thereby adjust your anchor point.
And just how easy is it to slap the release quickly to your loop when your in a hurry when it's shortened up to the middle of your palm?

Been there , done that. The loop is far from a must have accessory in my opinion. If your that worried about nock pinch dont shoot a bow that can fit in the glove compartment of your truck. Serving wear? Not from what I've seen with todays releases. Accuracy? No way! If you've actually noticed a difference in accuracy with a loop then you've got some major torque problems going on with your release hand.