Many startup scripts used (some still do) cut. However, as it is placed in /usr/bin, it can only be used for scripts that are started after netfs (in case /usr is on a NFS server). Moving it to /bin would solve this problem.
I don't see any that start before netfs, but I could be looking at the wrong ones...
Hm, I'm not quite sure if there are any left in the current beta - I did make quite a few bug reports during last beta and for 7.0. Will have to check this again. Thought I found at least two, but I could be wrong. However, many startup scripts changed to using awk instead because cut isn't always available for init scripts. Comparing only the file sizes (11644 for cut vs. 157884 for awk in 7.0) I'd suppose that cut would be the proper choice in many cases (actually many used it and changed to awk - my fault, I did then file a bug report eg. against ipchains because it was using cut - should have filed it against cut beacuse it isn't in /bin, I suppose)
It's moved to /bin in 2.0.11.