Texting/copy and paste problem

Ok this is REALLY starting to piss me off... Here's my issue:
you know how sometimes u want to go back to an earlier part of a message you are typing without erasing? Well, I try to do that all the time. Used to be no problem, I would just hit in the general area I wanted to go back to and then fine tune it by holding down and adjusting with the magnifying glass. Problem is, after 3.0, just tapping brings up the "select|copy|paste" line. That line gets in the way and makes it very difficult to fine tune where u want to tap. It's really pissing me off. Does anyone else have this problem? And if so, I believe apple should update it to make you need to do something else to bring up the copy/paste/select line (double tap, two finger hold, SOMETHING). Who agrees? Or does anyone have a solution to this??