Tip: Quickly Drag and Drop Text With a Double Tap in Jelly Bean and ICS

In Jelly Bean and Ice Cream Sandwich, the Android team built in a quick way to quickly move text around that you may not have seen before. All it takes, is a double tap and hold, and then you have control over the word you would like to move. You can easily rearrange words in a text box or take one and copy it to another. The video above demonstrates it in case that didn’t make any sense.
The trick works perfect on the Galaxy S3 with TouchWiz over Ice Cream Sandwich. As you’ll see in the video, it has its issues on stock Jelly Bean and apparently, other ROMs as well.

(Droid Life)