I will investigate further and open a ticket if this is not a known issue.
I'm using 960 with the Versioning bundle. If I create documents, delete some, and add new ones, the document counts on the Collections view of Management Studio include the deleted docs. My guess is that the revision docs are still there inflating the counts.
I don't plan on doing a lot of deletion in production, but development is a bit awkward when I want to blow away some docs.
Is this a known issue or by design? Otherwise, I'll open an issue.
p.s. Still chuckling at the acronym for management studio.