What I noticed, while typing in a text box, is that they have implemented something similar to the iPhone's magnifying glass. On the iPhone, when you wanted to be precise with text you would hold down and a magnifying glass would open showing your cursor location and you could move it to a precise location for editing. In my text box I had a small blue tab appear that I was able to hold down on and move around which, in turn, moved my cursor and allowed me to place it exactly where I wanted.
I was so hoping that they would implement something like this because, without the trackball/pad, of some of the other android phones, precise text editing and selection has been hard. I know a lot of you don't have to do that much text editing on the phone, but I tend to use mine for school papers while I am at work. "Playing with my phone" isn't viewed in the same way as pulling out a laptop would be.