If I create two events, say 1 from 08:00 to 08:30 on any given day, and another one from 08:30 to 09:00 on that same day, I won’t be able to see the text for event #1, it’ll be behind event #2 - even though event #1 box is taller than the duration.
My suggestion is that they should be handled as in Google Calendar: the title in event #1 should be placed to the right of the time, and should have a padding below the event box.
I’m using version 131209. Noticed that the same is happening with live demos.