Windows Phone 7 rumored to receive update in January

According to an anonymous Windows Phone 7 source reported at Know Your Mobile, WP7 is scheduled to have its first update in January. The update will bring features that were missing from Windows Phone 7 at launch. The update is said to bring: copy and paste, turn-by-turn navigation, the ability to add custom ringtones, as well as multitasking via hubs. Though none of this has been officially confirmed by Microsoft, we should hear about it soon enough- provided these rumors turn out to be true. And if the update does arrive in January, it definitely brings WP7 a notch closer to the competition. What features are you looking forward to have in WP7?