Cut should Delete, but transfer that Clip to the Clipboard, where Clear will just Delete it completely - no transfer to Clipboard.
That can be tested by doing a Cut, then move the CTI (Current Timeline Indicator) to the end of the Timeline, and hit Ctrl+V (Paste). That Deleted Clip should appear after the CTI.
Then, clear (or choose a different Clip) the Clipboard, and try Clear. It should not Paste the Clip into the Timeline.
Does the clipboard get erased each time the project is closed? In other words, would the last "Cut" be retained in clipboard memory for possible use when the project is reopened?
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In my tests, the Clipboard IS cleared, when PrE is exited (verified that with PrE 4 & PrE 11).
This is why one needs a Clipboard Extender, like ClipMate, to Copy from one Project, to another.
Got it, thanks. I will live with "editor's remorse."