I have just upgraded to 5.0.5 FOSS edition, and although I see this issue now, I can't say it wasn't there before.
Anyway, I create most of my calendar events with OSX (10.5.2) iCal using caldav, which works wonderfully, btw. Everything seems to be fine from that perspective.
However, If I open my account using a browser and go to 'Calendar', all the appt's/meetings are off by 1 hour (they are early by 1 hour). However, and here is the odd part, if I double-click on any appt/meeting to get to the details, the time shown is correct.
I have attached 2 images that show what I'm talking about.
Any idea what I can do to fix this?
It's not a huge deal since most of my scheduling is done via iCal, but, still.