You unfortunately still have a bit of a wait in store for your off-the-self Windows Phone 7 device, but those lucky enough to have a developer device are now starting to receive an update that includes the much anticipated copy and paste functionality, and we're now seeing the first videos of it in action. That expectedly functions much as we've heard before, and it appears to work reasonably well in the (admittedly brief) video. Head on past the break to check it out for yourself.

[Thanks, Austin]