As you can see the protective wire jacket was cut back to expose the rubber wire covering. I cut the wire jacket back just enough to match the recessed area that the wire will fit into the spark plug cap. The wire had enough slack in it so that an inch could be easily cut from it and it will still reach. Thank you Honda. I'm sure this is done so the slack would help dampen the engine vibration.
Now have a look inside the spark plug cap.
I used a pick to scrap away the rubber scraps from inside so the fresh cut wire would fit all the way back up inside. The spike that you can see is actually threaded like a screw so as it is installed you should twist it on the wire. Make sure and leave a little bit of wire 1/8 of an inch exposed and try to thread the spike right into the middle of the wire strands. With the plug cap secured back on the wire the spark was as good as new. Problem solved.