Apple announced today the new features that will make up the iPhone OS 3.0 at Apple’s headquarters in Cupertino, California.

Here is a quick rundown of some of the new features in iPhone OS 3.0:

• Ability to cut, copy and paste text will be available for e-mails, Web pages and other programs.
• Ability to send photos (not videos) by text (MMS).
• Ability to search through emails and contacts.
• Ability to view documents and emails in ‘landscape’ or ‘horizontal’ mode.
• Ability for voice-based GPS directions.
• Ability to have peer-to-peer connectivity for gamers.

Copy & paste is long over due and the ability to send photos via MMS and text is nice, although I send most of mine through email on my iPhone.  I guess the added copy & paste feature is enough to make this upgrade worth it, but overall I don’t really see much that is all that exciting in 3.0.

The upgrade will be free for iPhone users and cost $9.99 for iTouch users.  Most of the upgrades won’t be available to those using first generation iPhones that were sold in 2007.