There's a lot of hypothesizing and App Store creating going on today because the supposedly simple act of cutting and pasting is absent from the iPhone. What's strange about all this is that Apple sorta had it figured out 15 years ago with the Newton. As the video shows, cutting and pasting with a touchscreen or stylus on a Mac product, circa 1993, couldn't have been easier. Of course, back then it was with a stylus (not a finger); and then there's the fact that touching and dragging on an iPhone is reserved for the magnifier function... wait, maybe this isn't as easy as it appears. Back to the drawing board. [Boing Boing]
I think Apple has been holding out on this because the want to integrate copy/paste into a larger update that will add significant new gesture capabilities to the iPhone to accomplish a whole host of tasks, similar to what we've seen in some of their patent filings. If they just added copy/paste and nothing else, they'd have to add some sort of new gesture method that is very different from the rest of the UI and not part of a cohesive system. Steve doesn't like that sort of thing. With that said, I'm not sure if we'll see any of this in a .1 update. Maybe 2.2 or 3.0.