[Burner]

The way I read this, the preferred way to hit a Cut Shot (in order to avoid weakening the line of compression) would be to use a Square Plane Line with a normal grip and to simply lay back the Clubface through Impact by using Dual Vertical or Vertical (only) Hinge Action.

Playing a "Cut Shot" from an Open-Open Plane Line with the Clubface turned to the right (the way it is commonly taught) would produce some sort of a Slice Cut Shot, with possibly higher ball flight, slice curve and a tendency to hop to the right. This would weaken the Line of Compression, making it more difficult to control distance and direction.

Is this correct?

Cut = face open to the path of the swinging club head.

Draw = face closed to the path of the swinging club head.