Comment 2 for bug 396770

I'm running Karmic with all the latest updates, and experiencing a similar thing. The ubuntuone-syncdaemon pegs my CPU at 100% for only a single 10MB file transfer. It doesn't let up after 2 minutes, It'll be there until I stop it. What's more, the Network History show almost zero bandwith; as if ubuntu one isn't doing anything.