They could...
a)have a toggle button that devs can use as well that switches between the magnifying glass and copy/paste. This would go in the necessary copy/paste bar on the top or bottom of your screen.
b)get rid of the magnifying glass, though I hope they don't do that because it's invaluable.
I agree with those who aren't complaining about updates to an extent... sure we get more updates than other smartphones, but that's because
a) they're needed for stability and standard features,
b) the iphone is a lot more capable than most smartphones, therefore it should be treated differently.
Still... it's not like apple is just giving us a product and forgetting about it. They do still want our business.