A cutting apparatus comprising: a cutter knife which is reciprocally moveable from a first non-cutting position to a second, cutting position; 1a rotatable, circular knife support ring having a cutter knife station, and which supports the cutter knife for movement relative thereto, and wherein the circular knife support ring in use rotates and creates centrifugal force which acts on the cutter knife a track member juxtaposed relative to the rotatable knife support ring, and which supports the cutter knife, and wherein the track member mechanically cooperates with the cutter knife so as to define, at least in part, the first non-cutting position, and the second, cutting position of the cutter knife; and a magnet mounted on the track member and which releasably magnetically restrains the cutter knife when the cutter knife is in the first non-cutting position, and the second, cutting position, characterized in that the magnet has a main body with a first end, and an opposite second end, and which further has both a diminishing width dimension, and a diminishing magnetic force when measured in a direction extending along the main body, and from the first end to the opposite second end thereof, and further characterized in that the magnet is effective, at least in part, to restrain the movement of the cutter knife against the effects of the centrifugal force exerted on the cutter knife when the cutter knife is in the first non-cutting position, and further magnetically draws, and then partially magnetically restrains the cutter knife in a given orientation relative to the track member so as to effectively move the respective cutter blade into the second, cutting position by the mechanical cooperation of the track member with the cutting knife. a cutter knife which is reciprocally moveable from a first non-cutting position to a second, cutting position; 1a rotatable, circular knife support ring having a cutter knife station, and which supports the cutter knife for movement relative thereto, and wherein the circular knife support ring in use rotates and creates centrifugal force which acts on the cutter knife a track member juxtaposed relative to the rotatable knife support ring, and which supports the cutter knife, and wherein the track member mechanically cooperates with the cutter knife so as to define, at least in part, the first non-cutting position, and the second, cutting position of the cutter knife; and a magnet mounted on the track member and which releasably magnetically restrains the cutter knife when the cutter knife is in the first non-cutting position, and the second, cutting position, characterized in that the magnet has a main body with a first end, and an opposite second end, and which further has both a diminishing width dimension, and a diminishing magnetic force when measured in a direction extending along the main body, and from the first end to the opposite second end thereof, and further characterized in that the magnet is effective, at least in part, to restrain the movement of the cutter knife against the effects of the centrifugal force exerted on the cutter knife when the cutter knife is in the first non-cutting position, and further magnetically draws, and then partially magnetically restrains the cutter knife in a given orientation relative to the track member so as to effectively move the respective cutter blade into the second, cutting position by the mechanical cooperation of the track member with the cutting knife.