We have decided to drop the non-disclosure agreement (NDA) for released iPhone software.
Registered developers have been given access to an iPhone 2.2 beta or preview. As seen here, Safari is receiving a bit of love. There is now a search text edit box and a page refresh at the top.
There is no sign of Cut and Paste. Cut and paste has been getting a lot of press resently, I'd guess that Apple will do something about it eventually, but not in 2.2.