First of all, excellent plugin! :) This is exactly what I needed for a client's site, and after working with it, I may use it on some of my own personal sites as well.
I've found a bug, though...when the "events page" is a child page, any images in the event description shown on the events page are broken because the image URL includes the page hierarchy.
For instance, on my /calendar/ page, the image source URL is correct:
...But on my /calendar/events/ page, the URL includes the hierarchy, resulting in a broken image:
Let me know if you need more details or a URL to see this in action!