Does the iPhone have an option to set up settings profiles?

If I'm not mistaken iOS 5 once had this ability? I'm talking about being able to set up settings in different profiles and then being able to select that profile, or another one, when you want those settings.

Profile 1 - No data, screen brightness lowest, Wi-Fi off, bluetooth off, fetch mail

Profile 2 - Data on, screen brightness highest, Wi-Fi on, bluetooth on, fetch mail

Profile 3 - Data on, screen brightness highest, Wi-Fi on, bluetooth on, push mail

If you can't currently do this on iOS 6, will iOS 7 give you this option?

IPhone has everything in it

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