Which is why I titled it this way; I'd love to see them come up with a good way to do it, but these excuses are pretty weak. Copy/paste is definitely something that would be nice to have, but it's certainly not debilitating.
Hmm. So, basically it boils down to adding new novelties, bells and whistles took precedence to implementing basic functionality and utility?
If this is Apple's reason for not adding cut/paste, they need to pull their collective heads out of their collective arses.