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Tasks have due dates and times. Tasks become overdue when the due time has passed. OF iPhone in version 1.5.2 began setting default due times of 17:00 on the due date in question. Most likely you are seeing tasks marked as overdue that were due early in the current day. You can use the inspector to view the due date and time information. (Or if you're daring, you can run the 1.7 sneaky peek, which lets you display due time in the main window.)