Besides the much awaited cut&paste feature, new iPhone 3.0 software has the promise of turnbyturn GPS (probably will be an app you can purchaes from TomTom, Garmin, or the like), and stereo Bluetooth which offers a couple cool scenarios:
1) Sit down in your car, iPhone pairs with your car's system, and not only can you take calls with your iPhone buried in your purse or pocket, but now your whole music library is also available via the stereo. No cords or cables...
2) Wireless headphones - Motorola, Jabra, and others make Bluetooth headphones for under $30, again no wires at the gym, on the plane, or anywhere you travel...
Other ground breaker app is now also available - Amazon offers the Kindle app for the iPhone, which syncs with your Kindle and let's you read your books on the go. For Amazon, it's not about selling Kindles, it's about selling books...
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