I have Precise. I don't like that Ubuntu One's icon is located in the notifications area under the envelope. I would like the cloud icon back on the panel like it used to be. Is there a way to do this? I have searched and it seems no one has asked this question.
I think you are looking for the Ubuntu One indicator.
To install the indicator, run these commands in a terminal:
11.10 and earlier
This applet seems to be what you are looking for. Launchpad: Ubuntu One Indicator Plugin It applet lets you open your UbuntuOne folder, launch the website, monitor up- and download status, connect and disconnect to U1. It also displays a nice cloud icon indicating whether syncing is going on or not.
Here is an old article on Webupd8: Ubuntu One Indicator Applet, and a newer one Omg!Ubuntu!: Ubuntu One Indicator Applet Adds New Features (includes a how to install with PPA and download links).
The applets PPA is ppa:rye/ubuntuone-extras, the package is called "indicator-ubuntuone".
I did more research. Looks like "not yet".
Article isn't dated but is what displays as of today - 5/18/2012