Since upgrading to 3.1 I have experienced the same issue. The plugin works fine on WordPress installations that I haven’t updated to 3.1 yet.
http://www.domain.com/events displays the calendar correctly, but http://www.domain.com/events/postname displays the calendar as well, rather than the event description page.
I’ve tried updating permalinks, deactivating and reactivating the plugin, uninstalling and reinstalling, and disabling other plugins to search for conflicts.
Anybody have any suggestions?