Home Page - Content, not just menu (iPhone)

Good morning, just getting setup with Mobile Joomla and finding it awesome so far. I have a very basic site and wanted to include text on the home page (with or without the menu) of the mobile site. I see there is a "Homepage" field on the iPhone settings tab, but it doesn't appear to do anything (I've tried selecting links from the menu multi-select box - from both the standard website menu structure, as well as the mobile menu structure) - but all with the same result - just the mobile menu is shown (followed by the footer, then the ad).

I'm using the mobile_iphone template, on Joomla 1.6. The mobile menu works fine.

Note the option "Component on homepage".