Ok, so here is the final update, hopefully. I loaded the app on my iPad 2 and made sure everything was latest version. After a couple of false starts and hiccups, it started working flawlessly with the iPad! I've been editing and saving away! Just to double check, I re-paired the iPhone and tried again. Same issues. So something about my iPhone 4S makes the app and hardware not interface correctly. It's frustrating in the sense that the phone was gonna be my "on-site" editor. But for now I'm able to work.
Maybe a new phone or a software update will make things talk a little better. Thanks for everyone's advice!
