This is how I like them, too. One inch from the thumb/finger V seems too long to me. When you button it, doesn't it bunch up? That drives me nuts. To me, material bunched up at the end of your shirt sleeves looks just as sloppy as excess length on pants bunched up at your feet.
Agreed, that's what I was worried about in the first place, but if it shrinks up a little bit, then there may not be as much extra slack. It is definitely bunching at the cuff a bit right now.