JB - the way I "tested" it was this:
Pulled out the bag (w/o squeezing) and kept it in a sanitized bowl. Started bottling my batch as normal. When I had a gallon left, I added some of the squeezed bag juice to it. Finished carbing & tasted side by side.
Done it a few different times, and liked the unsqueezed version better. Unscientific with small sample size, but that's what I found. Give it a go and see what you like.
I keg unfortunately, but I could do the same and pour a pint into a glass before squeezing, then squeeze afterward, but then if you're right, I'd have screwed up the larger batch. I guess I could just pour 2 pints, both before I pull the bag without squeezing and add a bit of the hop juice to one of the glasses...
Edit: FWIW, I've only squeezed the hop bag twice, and I'm now drinking some of the most recent batch. It has cleared up, but it doesn't taste as good as it did before I squeezed the bag. Thanks for the info...maybe I'll manage not to screw up another batch by knowing this....