I think I can reproduce this bug.  It seems to happen explicitly after I
log out (to gdm) and then log back in again.  I could setup a user with
a non-encrypted home on this same machine to see if the behavior is
truly specific to encrypted homes only or is related to some
session/login issue on it.  But now that I can reproduce it, it should
be easy to answer these and perhaps other questions.  I had started with
an xubuntu 11.04 amd64 desktop cd, and it is current to today's updates.

lsb_release -rd
Description:    Ubuntu 11.04
Release:        11.04

from mount:
/dev/sda2 on / type ext4 (rw,errors=remount-ro,commit=0)
proc on /proc type proc (rw,noexec,nosuid,nodev)
none on /sys type sysfs (rw,noexec,nosuid,nodev)
fusectl on /sys/fs/fuse/connections type fusectl (rw)
none on /sys/kernel/debug type debugfs (rw)
none on /sys/kernel/security type securityfs (rw)
none on /dev type devtmpfs (rw,mode=0755)
none on /dev/pts type devpts (rw,noexec,nosuid,gid=5,mode=0620)
none on /dev/shm type tmpfs (rw,nosuid,nodev)
none on /var/run type tmpfs (rw,nosuid,mode=0755)
none on /var/lock type tmpfs (rw,noexec,nosuid,nodev)
/dev/sda3 on /home type ext4 (rw,commit=0)
gvfs-fuse-daemon on /home/dyfet/.gvfs type fuse.gvfs-fuse-daemon 
(rw,nosuid,nodev,user=dyfet)
/home/dyfet/.Private on /home/dyfet type ecryptfs 
(ecryptfs_cipher=aes,ecryptfs_key_bytes=16,ecryptfs_unlink_sigs,ecryptfs_sig=c78d5f4ebad65466,ecryptfs_fnek_sig=10522851b850cc04)


May 26 19:15:53 apollo NetworkManager[797]: <info> (eth1): device state change: 
8 -> 3 (reason 38)
May 26 19:15:53 apollo NetworkManager[797]: <info> (eth1): deactivating device 
(reason: 38).
May 26 19:15:53 apollo NetworkManager[797]: <info> (eth1): canceled DHCP 
transaction, DHCP client pid 1487
May 26 19:15:53 apollo wpa_supplicant[936]: CTRL-EVENT-DISCONNECTED 
bssid=00:00:00:00:00:00 reason=0
May 26 19:15:53 apollo avahi-daemon[801]: Withdrawing address record for 
192.168.1.102 on eth1.
May 26 19:15:53 apollo avahi-daemon[801]: Leaving mDNS multicast group on 
interface eth1.IPv4 with address 192.168.1.102.
May 26 19:15:53 apollo avahi-daemon[801]: Interface eth1.IPv4 no longer 
relevant for mDNS.
May 26 19:15:54 apollo acpid: client connected from 2082[0:0]
May 26 19:15:54 apollo acpid: 1 client rule loaded
May 26 19:15:55 apollo gnome-session[2105]: WARNING: Could not launch 
application 'metacity.desktop': Unable to start application: Failed to execute 
child process "metacity" (No such file or directory)
May 26 19:15:55 apollo gnome-session[2105]: WARNING: Could not launch 
application 'gnome-power-manager.desktop': Unable to start application: Failed 
to execute child process "gnome-power-manager" (No such file or directory)
May 26 19:15:55 apollo gdm-simple-greeter[2118]: Gtk-WARNING: 
/build/buildd/gtk+2.0-2.24.4/gtk/gtkwidget.c:5687: widget not within a GtkWindow
May 26 19:15:55 apollo gdm-simple-greeter[2118]: WARNING: Unable to load CK 
history: no seat-id found
May 26 19:15:55 apollo gdm-simple-greeter[2118]: Gtk-WARNING: 
gtk_widget_size_allocate(): attempt to allocate widget with width 378 and 
height -1
May 26 19:15:55 apollo gdm-simple-greeter[2118]: Gtk-WARNING: 
gtk_widget_size_allocate(): attempt to allocate widget with width 378 and 
height -1
May 26 19:15:58 apollo gdm-session-worker[2126]: GLib-GObject-CRITICAL: 
g_value_get_boolean: assertion `G_VALUE_HOLDS_BOOLEAN (value)' failed
May 26 19:16:03 apollo gdm-session-worker[2126]: pam_sm_authenticate: Called
May 26 19:16:03 apollo gdm-session-worker[2126]: pam_sm_authenticate: username 
= [dyfet]
May 26 19:16:03 apollo gdm-session-worker[2139]: Passphrase file wrapped
May 26 19:16:06 apollo NetworkManager[797]: <info> Activation (eth1) starting 
connection 'Auto merlin'
May 26 19:16:06 apollo NetworkManager[797]: <info> (eth1): device state change: 
3 -> 4 (reason 0)
May 26 19:16:06 apollo NetworkManager[797]: <info> Activation (eth1) Stage 1 of 
5 (Device Prepare) scheduled...
May 26 19:16:06 apollo NetworkManager[797]: <info> Activation (eth1) Stage 1 of 
5 (Device Prepare) started...
May 26 19:16:06 apollo NetworkManager[797]: <info> Activation (eth1) Stage 2 of 
5 (Device Configure) scheduled...
May 26 19:16:06 apollo NetworkManager[797]: <info> Activation (eth1) Stage 1 of 
5 (Device Prepare) complete.
May 26 19:16:06 apollo NetworkManager[797]: <info> Activation (eth1) Stage 2 of 
5 (Device Configure) starting...
May 26 19:16:06 apollo NetworkManager[797]: <info> (eth1): device state change: 
4 -> 5 (reason 0)
May 26 19:16:06 apollo NetworkManager[797]: <info> Activation (eth1/wireless): 
connection 'Auto merlin' requires no security.  No secrets needed.
May 26 19:16:06 apollo NetworkManager[797]: <info> Config: added 'ssid' value 
'merlin'
May 26 19:16:06 apollo NetworkManager[797]: <info> Config: added 'scan_ssid' 
value '1'
May 26 19:16:06 apollo NetworkManager[797]: <info> Config: added 'key_mgmt' 
value 'NONE'
May 26 19:16:06 apollo NetworkManager[797]: <info> Activation (eth1) Stage 2 of 
5 (Device Configure) complete.
May 26 19:16:06 apollo NetworkManager[797]: <info> Config: set interface 
ap_scan to 1
May 26 19:16:06 apollo NetworkManager[797]: <info> (eth1): supplicant 
connection state:  disconnected -> scanning
May 26 19:16:06 apollo wpa_supplicant[936]: Trying to associate with 
00:40:77:bb:55:03 (SSID='merlin' freq=2437 MHz)
May 26 19:16:06 apollo NetworkManager[797]: <info> (eth1): supplicant 
connection state:  scanning -> associating
May 26 19:16:06 apollo wpa_supplicant[936]: Association request to the driver 
failed
May 26 19:16:07 apollo wpa_supplicant[936]: Associated with 00:40:77:bb:55:03
May 26 19:16:07 apollo wpa_supplicant[936]: CTRL-EVENT-CONNECTED - Connection 
to 00:40:77:bb:55:03 completed (reauth) [id=0 id_str=]
May 26 19:16:07 apollo NetworkManager[797]: <info> (eth1): supplicant 
connection state:  associating -> associated
May 26 19:16:07 apollo NetworkManager[797]: <info> (eth1): supplicant 
connection state:  associated -> completed
May 26 19:16:07 apollo NetworkManager[797]: <info> Activation (eth1/wireless) 
Stage 2 of 5 (Device Configure) successful.  Connected to wireless network 
'merlin'.
May 26 19:16:07 apollo NetworkManager[797]: <info> Activation (eth1) Stage 3 of 
5 (IP Configure Start) scheduled.
May 26 19:16:07 apollo NetworkManager[797]: <info> Activation (eth1) Stage 3 of 
5 (IP Configure Start) started...
May 26 19:16:07 apollo NetworkManager[797]: <info> (eth1): device state change: 
5 -> 7 (reason 0)
May 26 19:16:07 apollo NetworkManager[797]: <info> Activation (eth1) Beginning 
DHCPv4 transaction (timeout in 45 seconds)
May 26 19:16:07 apollo NetworkManager[797]: <info> dhclient started with pid 
2314
May 26 19:16:07 apollo NetworkManager[797]: <info> Activation (eth1) Stage 3 of 
5 (IP Configure Start) complete.
May 26 19:16:07 apollo dhclient: Internet Systems Consortium DHCP Client 
4.1.1-P1
May 26 19:16:07 apollo dhclient: Copyright 2004-2010 Internet Systems 
Consortium.
May 26 19:16:07 apollo dhclient: All rights reserved.
May 26 19:16:07 apollo dhclient: For info, please visit 
https://www.isc.org/software/dhcp/
May 26 19:16:07 apollo dhclient: 
May 26 19:16:07 apollo NetworkManager[797]: <info> (eth1): DHCPv4 state changed 
nbi -> preinit
May 26 19:16:07 apollo dhclient: Listening on LPF/eth1/00:22:5f:f2:c5:20
May 26 19:16:07 apollo dhclient: Sending on   LPF/eth1/00:22:5f:f2:c5:20
May 26 19:16:07 apollo dhclient: Sending on   Socket/fallback
May 26 19:16:07 apollo dhclient: DHCPREQUEST of 192.168.1.102 on eth1 to 
255.255.255.255 port 67
May 26 19:16:07 apollo dhclient: DHCPACK of 192.168.1.102 from 192.168.1.1
May 26 19:16:07 apollo dhclient: bound to 192.168.1.102 -- renewal in 40544 
seconds.
May 26 19:16:07 apollo NetworkManager[797]: <info> (eth1): DHCPv4 state changed 
preinit -> reboot
May 26 19:16:07 apollo NetworkManager[797]: <info> Activation (eth1) Stage 4 of 
5 (IP4 Configure Get) scheduled...
May 26 19:16:07 apollo NetworkManager[797]: <info> Activation (eth1) Stage 4 of 
5 (IP4 Configure Get) started...
May 26 19:16:07 apollo NetworkManager[797]: <info>   address 192.168.1.102
May 26 19:16:07 apollo NetworkManager[797]: <info>   prefix 24 (255.255.255.0)
May 26 19:16:07 apollo NetworkManager[797]: <info>   gateway 192.168.1.1
May 26 19:16:07 apollo NetworkManager[797]: <info>   hostname 'apollo'
May 26 19:16:07 apollo NetworkManager[797]: <info>   nameserver '192.168.1.1'
May 26 19:16:07 apollo NetworkManager[797]: <info> Scheduling stage 5
May 26 19:16:07 apollo NetworkManager[797]: <info> Activation (eth1) Stage 5 of 
5 (IP Configure Commit) scheduled...
May 26 19:16:07 apollo NetworkManager[797]: <info> Done scheduling stage 5
May 26 19:16:07 apollo NetworkManager[797]: <info> Activation (eth1) Stage 4 of 
5 (IP4 Configure Get) complete.
May 26 19:16:07 apollo NetworkManager[797]: <info> Activation (eth1) Stage 5 of 
5 (IP Configure Commit) started...
May 26 19:16:07 apollo avahi-daemon[801]: Joining mDNS multicast group on 
interface eth1.IPv4 with address 192.168.1.102.
May 26 19:16:07 apollo avahi-daemon[801]: New relevant interface eth1.IPv4 for 
mDNS.
May 26 19:16:07 apollo avahi-daemon[801]: Registering new address record for 
192.168.1.102 on eth1.IPv4.
May 26 19:16:08 apollo NetworkManager[797]: <info> (eth1): device state change: 
7 -> 8 (reason 0)
May 26 19:16:08 apollo NetworkManager[797]: <info> Policy set 'Auto merlin' 
(eth1) as default for IPv4 routing and DNS.
May 26 19:16:08 apollo NetworkManager[797]: <info> Activation (eth1) 
successful, device activated.
May 26 19:16:08 apollo NetworkManager[797]: <info> Activation (eth1) Stage 5 of 
5 (IP Configure Commit) complete.
May 26 19:16:16 apollo ntpdate[2368]: adjust time server 91.189.94.4 offset 
0.001836 sec
May 26 19:17:01 apollo CRON[2386]: (root) CMD (   cd / && run-parts --report 
/etc/cron.hourly)

cat ~/.xsession-errors
/etc/gdm/Xsession: Beginning session setup...
Setting IM through im-switch for locale=en_US.
Start IM through /etc/X11/xinit/xinput.d/all_ALL linked to 
/etc/X11/xinit/xinput.d/default.
/usr/bin/startxfce4: X server already running on display :0
xrdb:  "Xft.hinting" on line 13 overrides entry on line 6
xrdb:  "Xft.hintstyle" on line 14 overrides entry on line 7
ssh-agent is already running
GNOME_KEYRING_CONTROL=/tmp/keyring-JC0U2c
xfdesktop[2224]: starting up
GNOME_KEYRING_CONTROL=/tmp/keyring-JC0U2c
GNOME_KEYRING_CONTROL=/tmp/keyring-JC0U2c
SSH_AUTH_SOCK=/tmp/keyring-JC0U2c/ssh

(polkit-gnome-authentication-agent-1:2246): polkit-gnome-1-WARNING **: Failed 
to register client: The name org.gnome.SessionManager was not provided by any 
.service files
libpager-Message: Failed to set the number of pager rows. You probably have 
more than 1 pager in your panel setup.
(xfce4-indicator-plugin:2278): xfce4-indicator-plugin-DEBUG: Looking at Module: 
libsoundmenu.so
(xfce4-indicator-plugin:2278): xfce4-indicator-plugin-DEBUG: Loading Module: 
libsoundmenu.so
** (nm-applet:2257): DEBUG: old state indicates that this was not a disconnect 0
GLib-GIO-Message: Using the 'memory' GSettings backend.  Your settings will not 
be saved or shared with other applications.

(xfce4-indicator-plugin:2278): libindicator-WARNING **: IndicatorObject class 
does not have an accessible description.
(xfce4-indicator-plugin:2278): xfce4-indicator-plugin-DEBUG: Looking at Module: 
libapplication.so
(xfce4-indicator-plugin:2278): xfce4-indicator-plugin-DEBUG: Loading Module: 
libapplication.so
(xfce4-indicator-plugin:2278): xfce4-indicator-plugin-DEBUG: Looking at Module: 
libmessaging.so
(xfce4-indicator-plugin:2278): xfce4-indicator-plugin-DEBUG: Loading Module: 
libmessaging.so

(xfce4-indicator-plugin:2278): libindicator-WARNING **: IndicatorObject
class does not have an accessible description.

(xfce4-indicator-plugin:2278): libxfce4panel-CRITICAL **: 
IA__xfce_panel_plugin_add_action_widget: assertion `GTK_IS_WIDGET (widget)' 
failed
(xfce4-indicator-plugin:2278): Indicator-Application-DEBUG: Connected to 
Application Indicator Service.
(xfce4-indicator-plugin:2278): Indicator-Application-DEBUG: Request current apps
(xfce4-indicator-plugin:2278): Indicator-Messages-DEBUG: new_application_item 
("Pidgin Internet Messenger")
(xfce4-indicator-plugin:2278): Indicator-Sound-DEBUG: indicator-sound: 
new_volume_slider_widget
(xfce4-indicator-plugin:2278): Indicator-Sound-DEBUG: indicator-sound: 
new_voip_slider_widget
(xfce4-indicator-plugin:2278): Indicator-Sound-DEBUG: new_title_widget 
("gmusicbrowser")
(xfce4-indicator-plugin:2278): Indicator-Sound-DEBUG: indicator-sound: 
new_metadata_widget
(xfce4-indicator-plugin:2278): Indicator-Sound-DEBUG: indicator-sound: 
new_transport_bar() called 

(xfce4-indicator-plugin:2278): Gtk-CRITICAL **: IA__gtk_widget_realize: 
assertion `GTK_WIDGET_ANCHORED (widget) || GTK_IS_INVISIBLE (widget)' failed
** (nm-applet:2257): DEBUG: foo_client_state_changed_cb
(xfce4-indicator-plugin:2278): Indicator-Application-DEBUG: Building new 
application entry: :1.27  with icon: nm-stage02-connecting02 at position 0
** (nm-applet:2257): DEBUG: foo_client_state_changed_cb
(xfce4-settings-manager:2393): xfce4-settings-manager-DEBUG: geometry = 
(200,200)

(xfdesktop-settings:2397): Gtk-WARNING **: gtk_widget_size_allocate():
attempt to allocate widget with width -5 and height 17

(xfdesktop-settings:2397): Gtk-WARNING **: gtk_widget_size_allocate():
attempt to allocate widget with width -5 and height 17

(xfdesktop-settings:2397): Gtk-WARNING **: gtk_widget_size_allocate():
attempt to allocate widget with width -5 and height 17

(xfdesktop-settings:2397): Gtk-WARNING **: gtk_widget_size_allocate():
attempt to allocate widget with width -5 and height 17

(xfdesktop-settings:2397): Gtk-WARNING **: gtk_widget_size_allocate():
attempt to allocate widget with width -5 and height 17

(xfdesktop-settings:2397): Gtk-WARNING **: gtk_widget_size_allocate():
attempt to allocate widget with width -5 and height 17

(xfdesktop-settings:2397): Gtk-WARNING **: gtk_widget_size_allocate():
attempt to allocate widget with width -5 and height 17

(xfdesktop-settings:2397): Gtk-WARNING **: gtk_widget_size_allocate(): attempt 
to allocate widget with width -5 and height 17
(xfce4-settings-manager:2393): xfce4-settings-manager-DEBUG: geometry = 
(200,200)


** Changed in: thunar (Ubuntu)
       Status: Incomplete => Confirmed

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https://bugs.launchpad.net/bugs/754618

Title:
  Failed to open encrypted home directory

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