You're right. The "Edit List" screen exists only on the iPad and the desktop versions of H9 Control. That screen allows you to drag and drop presets onto a list to create a list and drag and drop presets within a list to reorganize it. We didn't implement that on the iPhone because there wasn't enough space to show available presets and the preset list.
The copy, paste, swap, insert and remove functions in the more menu though are how we were able to squeeze those same functions into the smaller screen size. Their behavior is described in the H9 Control manual:
http://ftp.eventide.com/ljdl/www/H9ControlUG/H9ControlManual_PresetLists.html#moving_presets
