iPhone cut-and-paste coming, not from Apple

If it seems very basic, that's because it is. Yet, iPhone users are so eager to have a cut/copy-and-paste tool that they're willing to pin their hopes on a YouTube video and Twitter feed. (Techmeme)

At this point, that's all there is to Pastebud, a soon-to-launch Web service that reportedly circumvents Apple's permissions because it's not an app, but rather a form of a mobile bookmarklet that operates independently. That's comforting to users who were excited about an app called OpenClip, which also promised to offer cut-and-paste functionality until an Apple firmware update closed a loophole and shut it down.

As for Pastebud, Technologizer reports that it will come in both a free and $5 version and that it will be released this Friday. Beyond that, there aren't many details - even on the Twitter feed.