Ambiance: 4. Cut got me interested in writing a review for the first time in a long time. As far as ambiance goes, it does lack that "wow this is special feeling" you get from special views or environment's (I'm thinking of Bartolotta @ Wynn, Hugo's Cellar downtown in particular). However, Cut more than makes up for it through the service & food.
Cost: 3. When I'm Vegas, I have a tendency to ignore menu prices altogether and I hope most of you end up doing the same. Cut's expensive, just like the rest of Vegas' Strip restaurants are. Accept it for what it is, and hope blackjack goes your way.
Food Quality: 5. In the "what's your last meal alive scenario", I always think of myself as more of a seafood person. That said, Cut surely makes me rethink my preference. Filets, Rib Eye, Steaks we all got were outstanding (across the board, from the basic 8 oz filet to 35 day ribeye). Some in our party also did the Sirloin tasting, which is probably one's best option looking back to be able to try a few different items. Sides & sauces were all exceptional. The questionable: appetizers. Crab & Carolina shrimp was great, but felt like others we ordered were more average, mainly the oxtail/bone marrow dumplings and tuna tartare. All that said, if you avoid the appetizer minefield you're in for a real treat.
Service: 5. We never had problems getting drinks almost immediately, two in our party were late and the staff was more than accommodating, and our waiter was very knowledgeable on best menu options for individuals. In other words, we didn't get upsold on more expensive wine/steaks at any point and the service was very accommodating. A+
When to return: Special occasions, steak craving, or after a big Vegas win streak.