We talked about it last week, but now it's finally arrived. MagicPad has hit the App Store! You can get out all of your copy and paste needs with this $3.99 app. But wait, there are a few drawbacks.

While you can, indeed, copy and paste with MagicPad, you can only copy and paste text from within the app. There's no cross-app copy and pasting. But there are a few different font options, styles and colors to choose from. You can also email text but it seems that may be a bit sloppy. 

This should be a good introduction to what copy and paste would be like on the iPhone, but I'm afraid we're still not seeing the true cut and paste that we all so desperately want. I think only Apple will be able to deliver that.

[via Gear Diary]