Cuts great, just fired up an Obsidian after lunch to try it out. Very glad I scored this. Nabbed it on cbid for $25; the black one I had was easily the best cutter I had ever used.
I lost my last one while on tour last year and it forced me to start using my Xi2 again; I got a little annoyed with it, which is why I bought the black palio. Funny thing is; I have no problems using the Xi2 now because I finally figured it out.
It needs some love though, so I think I'm going to send it back to Xikar for some TLC, now that I have a new cutter.
Now I just gotta re-stock my smokes again, so I've got something to use this sucker on, mwhahahaa!