I would say it could work during a cut..since it is a much dryer harder gain then tbol..it could add some small lean muscle and show bodyfat losses.
If I were going to do such a run, I would jack up my protein ratios to maybe 50/30/20 or higher, meaning 50% from protein, 30% carbs, 20% fats, but this is open to discussion. This is simply what I would use as a minimum for such a goal.
The sweet spot seems to be 40-60mgs ED... If you bought the PN epistane..they are 15mg caps, so you can do 15mgs 3x per day and it is very cost effective and would show some nice strength and small lean muscle size gains. I personally always advocate to run PH's for 30-60 days at most. I would still run a liver protectant, even though I have seen BW from guys on Epi and there are very minimal increases in liver values, from what I have seen at least.