No, you shouldn't have to place the bookmark - it's working for me without doing that (I have an iPhone 4, I wonder if that's a difference?). I actually prefer the iDevice way of syncing because it goes to the last place I was reading (even if that is earlier in the book) as opposed to Kindle which only moves forward, and, I find, is slower. The iDevice syncing doesn't ask if I want to move to the last spot, it just does it, and it works on the books I load into iBooks, not just the ones bought from the iBooks store, again, an improvement, IMO, over Amazon.
I hope you're able to get the syncing working, Kathy, it really is good. As tyche mentioned, is syncing turned on? (Settings->iBooks)
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