The new iPhone (iPod touch) 2.2.1 update instead promises the usual array of bug fixes rather than any new ground breaking software.
You can get the update via Apple's iTunes software.
The update improves the following:
-Miscellaneous bug fixes
-Improved general stability of Safari
-Fixed issue where some images saved from Mail do not display correctly in the Camera Roll
Still no copy and paste, MMS or any bonus features this time around by the looks of things.