Still in PR1.2:

Just noticed all my yearly recursive events are displayed one day in advance.
In the default calendar widget and in the calendar are shown correctly.

I do the editing in Outlook and sync through MfE with my work's Exchange server 2003.

If I open the calendar, edit and save - no change, just save - it displays correctly. If I open then the outlook calendar it has shifted one day in advance.

Really bizarre, I will check better when I get some time but if someone knows the reason already please point me. Thanks.