I loved the original blueprint and it was my starting program once I got back into training from a long time off training.
I would say the blueprint to cut is just as good as the advice is sound. But really if you're looking to cut its more about what you're doing in the kitchen than what you're doing in the gym.
As far as a cutting routine goes as long as you following frequency and are doing heavy weights 4-8 reps then it would be a good program. Your main goal is to tell your body to hold onto the muscle!