Update 3.0.08 is compatible with WordPress 3.4.2 and includes the following changes:

• New feature: file passwords (see File Form to set the password)
• New option for FtpSync: Files can be mapped to a HTTP/FTP URI
• Fixed Drag & Drop Flash Uploader
• Fixed Front End upload permissions
• Fixed Admin Bar JavaScript loading
• Fixed last Cron Sync time display
• Decreased Dropbox download buffer size