I'd say a bit more cut than 85RD, more on a par with 85RE/M#205, Jim?
It's great for a single hit product. Works very well on a 3M Yellow Waffle Polishing Pad. Great combo for you to learn with Luke - the waffle pad is easy to control, and the LP is very wet, so keeps the pad lubricated, and doesn't cut too much, so won't bit you in the arse.