I had to email the developers about some things and then i watched the tutorial. Im ashamed i didnt do that before!
The app gets to help me with everything i was initially concerned about. Syncing, editing and budgeting. The countdown is a small bonus. Ive also written this because it seems like others might appreciate the help.
The app does sync using icloud to any device but you have to turn on the icloud in your settings
You can editing and delete lists by tapping and holding
The budget works by tapping the budget area
Hope these things help someone else out. They should consider a FAQ page though
12StingRay82 about Gift It - Christmas List App