Windows Phone 7 Gets First Major Update

Windows Phone 7, while novel, was originally missing some of the most
basic features that its competitors had. However, Microsoft was intent
on fixing the feature gap that Windows Phone 7 shipped with, which
should make the platform more compelling than ever. However, an early
preperator update last month backfired, bricking some Windows Phone 7
devices. However, Microsoft seems to be back on track, as not only did
they release a fixed initial update, they are now beginning to push a
new update that adds, among other things, copy-paste.

Here is the full changelog from a Microsoft news post:

• Copy & paste. You asked for it—now it's here. Just tap a word and drag the
  arrows to copy and paste it on your phone. You can copy text from emails, text
  messages, web pages, and Office Mobile documents, and paste it anywhere you can
  type. To learn more, see Copy & paste.
  
• Faster apps and games. Nobody likes to wait. That's why we've whittled down the
  time it takes for apps and games to start up and resume. It's all part of our
  focus on getting you to the things you love, easier and faster.
  
• Better Marketplace search. We've streamlined Marketplace search to make it easier to
  find specific apps, games, or music. Press the Search button in the Apps or
  Games section of Marketplace and you'll see only apps or games in the results.
  Press Search in the Music section of Marketplace to search just the music
  catalog.
  
• Other Marketplace improvements. We've improved the stability of Marketplace while you
  download apps. We've also improved the experience of downloading apps larger
  than 20 megabytes, upgrading from trial apps to paid apps, using a credit card
  with an address outside the United States, sharing links to apps via email,
  sorting Xbox LIVE games by release date, and creating an Xbox LIVE account from
  within the Games Hub.
  
• Wi-Fi improvements. We now display your phone's Media Access Control (MAC)
  address in Settings. We've also removed the limit on the number of
  Wi-Fi profiles that you can store and reduced the time it takes to start your
  phone if you've stored lots of Wi-Fi profiles.
  
• Outlook improvements. We've improved the experience of viewing iPhone photo
  attachments you receive from a non-Exchange-based email account (such as a
  Google Mail, Hotmail, or Yahoo! Mail account), using the Global Address List
  (GAL) when connecting to Exchange Server 2003 using Exchange ActiveSync, and
  working with email display names that contain brackets (for example, "David
  Alexander [Contoso]").
  
• Messaging improvements. We've improved the experience of receiving Multimedia
  Messaging Service (MMS) messages if your phone uses a PIN-locked SIM.
  
• Facebook integration. We've improved the experience of syncing Facebook accounts.
  
• Camera improvements. We've improved the stability of switching between camera and
  video modes.
  
• Audio improvements. We've improved the experience of using a Bluetooth headset
  to make calls when you're playing music or videos.
  
• Other performance improvements. This month's update also includes software from several
  phone manufacturers that improves the performance of specific models.
  Naturally, if you don't have one of the affected models, we won't install this
  portion of the update on your phone.