All Silhouette models do offer a print & cut feature when using registration marks. Print & cut jobs are those where you design a project in print format in the Silhouette Studio® program with cut lines associated around your images that are to be printed. After designing your print images and cut lines in the Silhouette Studio® program, you would then print your job to your regular printer. Once you have your printed image, you would then take your printed material and feed it into the Silhouette. The Silhouette's optic scanner will find the registration marks on your printed material and know accordingly exactly where to cut your defined lines around the printed content.
A video showing this feature may be found at http://www.youtube.com/watch?v=gMcWKW8Ep70&feature=plcp.
Let us know if you have any other questions.