Selecting text from websites or other static text is as clumsy as ever.
Btw, there are always little gems to discover like this, Which I find out out after years of frustration. Is there a good source of “here are new iOS tricks you didn’t know about?”
I don't know how we're expected to stay up to date without regular user friendly manual updates that get pushed.
I do think that part of the early choices were quite rational, but the spirit of "ease of use trumps everything" got somewhat watered down over the years...
[1] and I used Cydia hacks to get that feature (well, almost, you had to swipe horizontally). There's often a contrast between ease of use and assisting power users.
Edit: and even there, I believe you can long-press to get the same effect.
Only in certain situations.