Microsoft on Thursday published a new knowledge base article to its support site that suggests the first update to the Windows Phone 7 operating system may soon be released. The article details troubleshooting information in the event a software update does not install properly. The highly anticipated first software update for Windows Phone 7 is expected to introduce various new features including the ability to cut, copy and paste text. The update may also fix a bug recently identified by Microsoft that causes large amounts of superfluous data to be transmitted randomly over 3G. Earlier rumors suggested that Microsoft would release the update in January and with just over three days left in the month, this new knowledge base article rekindles hopes that we might see an update before February arrives on Tuesday.