This is why iPhone didn't initially ship with double-tap to zoom for PDF paragraphs (like it had for blocks on web pages). I know because I was assigned the feature, and I went over to the PDF guy to ask how I would determine on an arbitrary PDF what was probably a "block" (paragraph), and I got a huge explanation on how hard it would be. I relayed this to my manager and the bug was punted. Edit: To add a little more…
Why wouldn't you just zoom with the center point being where the tap occurred?