It's been a long wait but iPhone users can cut, copy, paste & MMS by tomorrow.

CORP TALK: Apple iPhone and iPod touch owners can download iPhone OS 3.0 on June 18, 2009 from here.

The software update is free for all existing iPhone users and US$9.95 for iPod touch customers.

The iPhone OS 3.0 software update includes over 100 new features, which we first highlighted here. Currently, there are well over 50,000 applications on Apple’s App Store. (more…)