DEVONthink 2.0 uses QuickLook for displaying file formats that it cannot show directly, e.g. Pages, Numbers, or .eml email documents. While this allows DEVONthink to display all files for which a QuickLook plugin is available, many previews don’t allow you to select text, e.g. for copying it. This is where the plain text view comes in. Switch to the plain text view using the plain text view icon in the document’s navigation bar if available.
Update: As some people have problems finding this button, here’s a screen shot that should make it a bit clearer:
Why haven’t I posted a screen shot right from beginning? Because I posted this from my iPhone on-the-go and I had no Mac near me *smiles*