Hi! I am having the same problem. I have a temporary work-around to select text by pressing the top stylus button (no need to press the stylus tip against the surface) and then selecting... but this can activate the Opera gestures. so I end the selection with a short up-down motion. It's not at all great, but at least I can select text again. I hope Opera gets patched and it goes back to normal, this issue is killing me!
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RE: problems in highlighting / selecting textsOpera for Windows