I have been testing the module off and on since the public beta started, and I am still absorbing all the new features and deciding how to best deploy them.
I have just noticed that with the Gray skin on the event module set to list view, the text seems to be white on white, at least on the site skins I have been using which use a white area for the site background. The DNN-Blue skin is one that shows this issue. On the previous version, I just had white text, and now with 4.01 the list view has a grid (table) with white text in it.
Thanks to the dev team for a large amount of work!