I think the other fellow hit the nail on the head. The entire notion of spotlight is being able to search inside files.
When someone says a new device will sport the spotlight feature, doesn't one assume that it can do that? maybe missing some bells and whistles...but that is the main purpose of spotlight.
maybe there's a world where the real answer is..wait for it..in the middle and you're both right.
I'm happy with 3.0 but I must admit you sound incredibly defensive of a company that you have no stake in....
I'm not defensive of Apple, I am this way about ANY company that I feel deserves the defensiveness. 3.0 was released free of charge to all iPhone owners. Apple is continually updating their mobile OS for free, adding new features for free, and working to provide users with a better experience. I know of no other mobile OS developers that do what Apple does, on the scale they do, for the low price that they do it at ($0), yet its never enough.
I am ALL for suggesting improvements and features, thats what drives innovation. However there is a massive (MASSIVE) difference between suggesting improvements and flat out bashing an optional feature, something that cost you nothing. This is why I try to work on getting features implemented in a beneficial way. Like I said before, I beta test, provide a LOT of feedback, give the engineers my crash logs and bug reports, not expecting any money in return obviously, all because in turn they are giving me something back for free as well.
Then there are people like the OP who take a freely implemented optional feature, and strike a tone about how it "Sucks" instead of saying maybe "Spotlight suggestions." Thats the problem with so many people here, they take this gloom and doom mentality towards everything Apple does yet they never consider doing something so trivial as sending Apple some feedback and suggesting improvements through channels that make a freaking difference. Instead they take the path of the noncontributing zero and just complain and complain, yet Apple never hears those complaints because THEY DON'T COME HERE.
Many people here are JUST like the guy is saying in this short clip:
http://www.youtube.com/watch?v=jETv3NURwLc (the 1:40 mark reminds me of the OP, and a bunch of others here)