Long-time user, here. Just launched 0.8 for the first time. I have the setting made to connect through proxy only (Tor). The new client inherited that setting from previous installations. I FORGOT to launch Tor, but the blockchain is downloading anyway.
If I am not mistaken, this means it is connecting to the network, ignoring the proxy checked setting.
UPDATE: It stopped syncing at 26 days left. So maybe the bootstrapped portion of the block does not go through proxy?
The reindex comes off your hard drive (previous version's data).