Troubleshooting a faulty ignition system in your Oldsmobile Cutlass can involve various steps, including checking for loose connections, inspecting the ignition coil, testing the spark plugs and wires, and verifying the functionality of the ignition switch. If you are experiencing issues such as difficulty starting the engine or misfires, it is advisable to consult an automotive repair manual or seek assistance from a qualified mechanic to accurately diagnose and fix the problem.