I tried both standard 1.0.1 editor and the ERW 1.0 1F version.
This is the feedback after the upload is completed.
Using Standard Arduino-1.0.1:
Binary sketch size: 1,084 bytes (of a 32,256 byte maximum)
E:\Electronic Projects\Arduino\arduino-1.0.1-windows\arduino-1.0.1\hardware/tools/avr/bin/avrdude -CE:\Electronic Projects\Arduino\arduino-1.0.1-windows\arduino-1.0.1\hardware/tools/avr/etc/avrdude.conf -v -v -v -v -patmega328p -carduino -P\.\COM5 -b115200 -D -Uflash:w:C:\DOCUME~1\Qui\LOCALS~1\Temp\build7553264898449336378.tmp\Blink1.cpp.hex:i
avrdude: Version 5.11, compiled on Sep 2 2011 at 19:38:36
Copyright (c) 2000-2005 Brian Dean, http://www.bdmicro.com/
Copyright (c) 2007-2009 Joerg Wunsch
System wide configuration file is "E:\Electronic Projects\Arduino\arduino-1.0.1-windows\arduino-1.0.1\hardware/tools/avr/etc/avrdude.conf"
Using Port : \.\COM5
Using Programmer : arduino
Overriding Baud Rate : 115200
avrdude: Send: 0 [30] [20]
avrdude: Send: 0 [30] [20]
avrdude: Send: 0 [30] [20]
avrdude: Recv:
avrdude: stk500_getsync(): not in sync: resp=0x00
avrdude done. Thank you.
Using: Arduino ERW 1.0 1F
Binary sketch size: 1,080 bytes (of a 32,256 byte maximum)
Estimated used SRAM memory: 11 bytes (of a 2,048 byte maximum)
C:\Program Files\Arduino\Arduino ERW 1.0.1f\hardware/tools/avr/bin/avrdude -CC:\Program Files\Arduino\Arduino ERW 1.0.1f\hardware/tools/avr/etc/avrdude.conf -v -v -v -v -patmega328p -carduino -P\.\COM5 -b115200 -D -V -Uflash:w:C:\DOCUME~1\Qui\LOCALS~1\Temp\build5458390724478849930.tmp\Blink1.cpp.hex:i