Precision ultrasonic vibration cutting (UVC) is a promising technology in field of precision and ultra-precision machining. It is a kind of the pulsing cutting process with a constant vibration frequency and sine-wave amplitude of vibration. Its practicability has been a research focus since it came into being. In this article, an precision UVC system is built by designing this system, including the selection of precision machine and ultrasonic generator, the design of ultrasonic transducer, and then many cutting experiment are been done. Different of chips under the conditions of ultrasonic and no ultrasonic are made, and deformation coefficient of chip obtained by vibration cutting is smaller. The effect of cutting parameters on roughness is discussed in precision vibration cutting, the surface roughness decreased with the increase of the amplitude and the decrease of the cutting depth or feed rate, at the same time, there is an optimum cutting speed to receive the best surface.