I find it as easy to use, or easier, than the web based OSM tool on-line on my desktop computer at home. You do have to get used to the way it works, as it's obviously a 'touch' interface rather than using a mouse and pointer. Also, you have to learn how OSM works itself too, tags, adding gates, bridges, cross-roads, etc.
Once you get the hang of it all it's a very powerful tool and can edit anything in the OSM database with ease.
You can record your journey on the iPhone (they are called 'traces') and do your edits afterwards, or edit the OSM base map there and then, live, so to speak. Can feel a bit scary at times, you don't really want to mess things up! Occasionally I upload a GPX track I've recorded on one of my Garmin GPS units onto the iPhone (or iPad) and add missing OSM details from that. The GPS in the iPhone I find not terribly accurate, but the Bing satellite overlay viewable in Go Map! can help a lot.
I had a lot of fun correcting an off-road cycle trail here in Snowdonia that wasn't linked to a particular road crossing for example. Now that junction is routable on Strava, it wasn't before. In 'Lockdown' my wife and I walked all of the footpaths around where we live, many we'd not been on before, a surprising number of which were not on OSM, they are now
The Developer, Bryce Cogswell, is also very friendly and helpful.