I tested this in Lucid and can confirm this behavior.
ubuntuone-client:
Installed: 1.2.1-0ubuntu2
Candidate: 1.2.1-0ubuntu2
Version table:
*** 1.2.1-0ubuntu2 0
500 http://mirror.cs.umn.edu/ubuntu/ lucid-updates/main Packages
100 /var/lib/dpkg/status
1.2.1-0ubuntu1 0
500 http://mirror.cs.umn.edu/ubuntu/ lucid/main Packages
** Changed in: ubuntuone-client (Ubuntu)
Status: New => Confirmed
** Changed in: ubuntuone-client (Ubuntu)
Assignee: (unassigned) => Ubuntu One Desktop+ team (ubuntuone-desktop+)
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Used space in preferences dialog updated only after closing the dialog
https://bugs.launchpad.net/bugs/575451
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