While i can create the page with the option showing up under the Create Content menu link, i don't seem to be able to edit it afterwards. It does not show up anywhere (except under the admin->content link, which the normal user does not and should not have access to). I expected the edit link to show up under the my account settings for the user who created the page. But it does not.
Check Input Formats and the configuration there. Insure that the user roles in question have rights to the input format used for the page. That's how Drupal 5 works anyhow. :)
Fred