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A euphemism for farting. Similar to cut the cheese or baking brownies.
Everyone thought the smell was just Greg baking brownies, when in actuality he was cutting muffins.
by eeyore57 September 03, 2004
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2
Someone who is pretty gosh darn swell and multi-talented. A real righteous guy or neato gal. Similiar to the corny phrase all that and a bag of chips, but minus the sarcasm.

All too often confused with a euphanism for farting because of the common term cutting the cheese.
gal: "wow, you look so fine in those glasses and everything you say just puts me in stiches!"

guy: "yep. guess i'm really cutting muffins."
by RubyCarol June 21, 2011
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