Style point with member twirling cane (8)
I believe the answer is:
elegance
'style' is the definition.
(I've seen this in another clue)
'point with member twirling cane' is the wordplay.
'point' becomes 'E' (compass point).
'with' indicates putting letters inside.
'member' becomes 'leg' (member can mean a limb).
'twirling' indicates an anagram.
'cane' anagrammed gives 'ance'.
'leg' inserted within 'ance' is 'legance'.
'e'+'legance'='ELEGANCE'
(Other definitions for elegance that I've seen before include "Style; refinement" , "Graceful refinement" , "Grace and stylishness" , "Graceful style" , "Refinement, polish" .)