The original location in which Taylor had installed the strap button is, and continues to be, the best position for balance of the guitar, and has never once —in decades of playing— interfered with accessing the upper frets in my use. Taylor putting the strap here was
far and away better than the conventional location that I've had on other guitars of old This change by the factory is, yet again, a change the is not for the better in my experience, despite what Andy claims. Just because he says so doesn’t mean it
is so.
Ryan, you are not missing anything; it is a poor decision by Taylor IMO. Relocate the pin to the original Taylor location and you’ll be good to go. A good tech could fill and color match the hole pretty well, but even better, you'll be happier
Edward