With the feature finally being enabled Apple’s next-generation operating system, Mac OS X 10.7 (Lion), there are a number of options which allow Snow Leopard users to integrate the same functionality. Perhaps the best solution we have come across is MoveAddict, an app that adds toolbar items and a menubar icon to assist with your file management.
As soon as it is installed, users can Command+X for cut and Command+V for paste which in the Finder, however it will not physically stop the file from being displayed like it would if you cut a file on a Windows machine. Instead the file is moved.
MoveAddict costs $8 but has a free option which allows users to cut and paste one file at a time should you not want to put money down.