No, it's crap, so the only people that do that are beginners, command line tourists, or people using one of the very small number of console programs that support the mouse. Regular console users use the QuickEdit mode: left click to enter select mode, drag box - or double click to select a space-or-line-end-delimited region. Then press return to copy or esc to cancel. Then right click to paste. Squint hard enough, and it's almost like using xterm!

(Bonus feature: you can halt unexpected TTY spew by clicking in the window, giving you a chance to examine it.)

QuickEdit still doesn't fix the box select thing (at least not pre-Windows 10) but it's a massive improvement nonetheless.

Now tell me the shortcut for scrolling without a mouse. Quickly.