Thank you YellowBox, Viking, and again, Peter.
Unfortunately, copying and pasting the tab delimited text is only marginally helpful compared with the feature of "Convert Text to Table," AND not having the feature forces restricts work flow. (We now have the extra set of steps to create a table cut/copy tabbed text, and paste it into a table that may or may not have the same alignment of columns and rows.) I take it from your answers (YellowBox and Viking) that the new table will automatically add rows and columns for each TAB occurrence. I hope I'm not being too optimistic!
As we all know, using a Mac is supposed to allow us to work smarter, meaning using a tool that more closely matches the "Think Different" imaginations that created the Macintosh to begin with — (are you reading this, Tim Cook?) It wouldn't affect the Pages development division's bottom line to keep the 100+ features they've taken away and build on them until...they have an application that might evenutally generate it's own revenue stream (ala Final Cut Pro, et. al.) It's the SAME business model Jobs and Team used when they included apps like MacPaint, AppleWorks, and HyperCard in the standard installation.
The beacon is shining, Apple, follow it, don't dim it! Restore the "missing features of Pages '09" and show your users the love we deserve!