The last thing you want to do unless you are competeing is "cut".
I think they are several better ways to combat excess fat, which I consider to be above 15%, unless you are a strength athelte which then the ideal bodyfat % is 12-18%.... or so the Russians say.
I left the army at 190lbs @ 6'. Now I weigh a little over 250. I compete several times a year in olympic and Pl meets, and at that time I focus on makeing a certain weightclass where I can be competitive. But in general I do two things to keep my bodyfat under control:
Everytime I gain 10lbs I try to hold that weight for a month until I add more calories. This has worked well for me. I can notice a difference in bodycomposition after holding a weight for one month.
When I feel like I have gotten some excess fat I simply cut carbs for two or three weeks. But I do not start subtracting calories, as I still want to gain more weight.
The ideal bodyfat percentage for me is about 10%. Anything lower than that and I do not get good strength gains. I think this is true for anyone who is not on drugs. I have read several articles on how to bulk cleanly, but the bottom line is you have to get stronger to increase muscle size.... and the average guy wont get much stronger at a bodyfat% of 8.
From 10% bodyfat to 8% is about a 15% strength difference for me. And I held at 7-9% bodyfat for several months on several times and made little to no progress strength wise. Now if i were to add drugs this would have been no problem.
So, in short, I dont think a "cut" is the answear, just cut the carbs a little.