Funny e-mail folder issue

Funny e-mail folder issue

Since upgrading to 3.2 (and also subsequently applying the patch for build 3201), I seem to be having a random problem with my e-mail folders all displaying in the pane one on top of another (see the picture attachment for a screen shot) in the folder view. If I click the refresh button or click one of my other accounts and then go back to the first one, it sometimes clears it up and lists the folders underneath each other as they should be, but sometimes this doesn't correct the problem.

Is this my configuration or has anyone else had this happen?

(Please note that I have purposely blurred my e-mail addresses in the screen shot - but the folders displaying on top of each other is exactly how I see them on my system!)