did you hear? cut and paste is going to be part of the new iphone 3.0! that and a bunch of other pretty nifty little things like, um, spotlight. rumor is that not all of these upgrades will work with the first generation (this might be the thing that finally convinces me to upgrade) which peeves me, but it was bound to happen sooner or later.
for everyone looking for a bit more info you can see the details over at gizmodo.