Cut operation is a very useful for engineers but sometimes gets tricky just because you don't know how much it will affect. One of the causes is that Cut Through All you are not certain of what it cuts. Another reason is that Cut to Depth is related with face orientation. Meaning that in case you want to have inverted Cut, you will not be able to see the result before you clicked OK on button. That can make really annoying to do Undo and dialog again until you got the "right values".
Right now Cut makes all scene semi-transparent and will explicitly show what the Cut will affect. Hope you will enjoy this way to work with cut operation.