Press to launch Cydia from the Springboard.
Press to select the Sections tab from the bottom of the screen.
Press to select System from the list of Categories
Press to select Clippy from the list of Packages.
Press the Install button at the top right of the screen.
Press the Confirm button to begin installation.
Once the installation has completed successfully click the Restart Springboard button.
HOW TO USE CLIPPY
Press to launch Notes from Springboard.
Press to activate a pre-existing note bringing up the keyboard.
Press the 123 button at the bottom left of the keyboard.
Notice two new buttons, copy and paste will appear above the keyboard.
Highlight the text you would like to copy then press the copy button.
Notice the text you copied will appear in a field directly to the right of the copy/paste buttons.
Now lets try and paste the text into a different application. Press the Home button to return to your Springboard then press to launch Safari.
Press to activate an entryfield bringing up the keyboard.
Press the 123 button at the bottom left of the keyboard
Press the paste button that appears just above the keyboard to place the previously copied text into the entryfield.
THANKS*: to Ryan Petrich for his excellent work in developing this copy and paste functionality!