We are having issues with it since the upgrade to wp 3.2.
In the settings for it it has:
All day event?
When left unchecked (which I would assume means NO this is not an all day event) you can't get to the time picker.
When you do check the box, you can pick a time, but when you save the post it dumps the date and time and won't show up on the calendar.
I had this working fine and then I updated the site.
***Came back to say, it doesn't hold any information from the datepicker down and it simply will not make the post. I know for a fact it did work because pre-update to 3.2 it did work on this site http://www.rastaging7.com/index.php/category/events/upcoming