Wow, $70 for that phone? I've been using an old Nokia E71 with a straight talk plan for a couple of years now because I didn't want to spend a few hundred on a phone. Looks like it might be time for an upgrade. How's the browser on it?
I wish there was a way to make "Open in new link" tabs open in the background like on Android as well, but as far as I remember iOS had that annoyance too.
If you want to place your cursor in the middle of some text you've already written, tap and hold the screen near the text you want to change until a cursor appears, then drag your finger to move the cursor exactly where you want it.
If you feel that the default browser is not customizable enough, try UCBrowser[1], it provides an option to open new links in background.
[1]http://www.windowsphone.com/en-us/store/app/uc-browser/6cda5...