Sorry for posting without including a photo...have a look at this:
You put the wire in the plug and you can solder right onto the wire. My problem with the other 4mm (and other size bullets) is that you stick the wire in then what? How do you get the solder in? It's a pain. Plus often if you tin the wire and the "hole" where you put the wire, it no longer fits.
Anyway soldering it up with these cut outs works like a champ and it results in awesome solder joints.