'81 Shit Box
This is the response I got from Jeff:
Its pretty lame, I tried to update some different posts in my build thread and I could only do one post...There is an error with the edit feature that we are working on and should have a fix soon.
This is the expected action:
Members have unlimited editing of new posts for the first 24 hours after posting. Up to 10 existing posts (older than 24 hours) may be edited per week. More editing will be allowed as each of those 10 edits expires every 7 days."