I'm a developer of a theme, wpfolio and I've heard a couple reports from users that the theme options with our latest release don't update when they save. Personally I haven't had this problem, so it's difficult to troubleshoot. Is there something I'm missing? The code is all available here:
Theme Options start at line 329
On a related note, it was suggested that instead of saving theme options individually they can be saved as one WP option, using an array. This is a little beyond my knowledge. Any suggestions for code?