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[ JDK VERSION : 1.7.7 ] Don't know if anyone has filed this yet, if so someone marks this as a duplicate, atleast I didn't find anything when searching. Cutting and pasting is very slow, taking 1-1.5 seconds sometimes to insert a block of about 100-150 chars. This is a regression since earlier versions didn't have this problem. Also there is the case of cutting/pasting to/from other windows that does not work at all.
It was fixed in Bug report #218370