Yes ... sorry for the misinformation. I did notice it the very next time I was using my iPhone to input a new task. I must have had it turned off at one time. I was coming back to update my incorrect post.
Sorry for any confusion. I'm a huge fan. This site alone has made the iPhone a device I have fallen in love with!
I am fairly new, but have had luck with the SMS/Email reminders in the "connections" area. You have to assign a due TIME for the task for this to work ... which is not an option when adding a task from the iPhone, so there is that draw back.
I also receive the daily email reminder of my hotlist.