The Windows Update feature on Windows Mobile 5-6.5 was, to put it mildly, a pretty cruel joke. Always sitting there, teasing you, but not once did it every bring a blessed update.
So we have to show you Windows Phone 7's update screen. And what's more, Microsoft's Joe Belfiore made a big deal about an update coming in the early part of 2011 that will bring copy and paste to Windows Phone. And every Windows Phone will receive the update. So there it is, folks. Stare at it long enough, and it will eventually work. We hope.