Ok I replaced my faulty new receiver with a New TSM receiver. Got it all configured on my 3908 E-Maxx and can confirm TSM does work on the Tqi controllers with a docking base an
Iphone (mine is 3GS) or Ipod. Once the Link telemetry sees it's a TSM capable receiver , it kicks in the extra control adjustment line for it.
Here's the telemetry with the TSM control on and off the multi function knob. You touch the button on the screen and it transfers the control to the MultiFunction knob. I haven't felt it control the motor, but I assume it's suppose too.
OFF the multi knob
ON the multi knob