No, all day events are not displayed and the Outlook MVPs have brought this to the attention of Microsoft - hopefully, a fix will be forthcoming in SP-1.

--�
Milly Staples [MVP - Outlook]

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After furious head scratching, rwright142 asked:

| I just noticed that the all day appointments are not showing up on
| the To-Do bar, but if an appointment is not all day (or spans days,
| i.e. a 2 hr meeting) then it does show up on the to-do bar.
|
| Is there a setting that changes how the to-do bar displays
| appointments?