Yes, I'm quite sure. About the only notable thing to point out is that they vastly improved the selection method in Swype and the new Android virtual keyboard where you get draggable flags on either side of the selected text--makes selecting text by finger MUCH more accurate.
I'm still not sure I follow you. It's a long-press then you pick whether to copy-all, cut-all or select text. You can long-press to paste too.
I'm sure you've long-pressed to do things in Maemo. I know I have. In either case, you didn't explain how, as you had postured it, Android was lacking a cut/paste. Please explain.