I started with a hole but since the hose wants to pass through at an angle and I wanted it all to be easily movable as I sometimes drop the reverb in the frame too (standard reverb hose is quite easy to kink btw), I ended up with basically a slot. Drilling and working can be awkward if you want to get it in the middle, especially if it’s down near the BB which I reckon is the best place, if I was doing it again I’d offset it to one side.
Rather than do a grommet- which needs a bigger hole- I decided to put a cover on it (partly for dirt and water, mostly because it wasn’t a beautiful hole, because of the access more than anything else). So I glued one of these on:
http://www.ebay.co.uk/itm/LOOK-Internal-Brake-Cable-Frame-Guides-fits-KG-281-361-381-481-286-386-486-x-1-/181375463111
And stuck a wee o-ring on the hose which I can push against the guide, just for a token effort at sealing. All turned out very nice.
But if you do want a grommet, commencal do one which is lovely.
And if I was doing it all again, I’d get a Lev.