Everyone on the Xamarin Studio team uses Xamarin Studio to develop Xamarin Studio.
Smart Indent, afaik, has been fixed. The problem you describe was only an issue for multi-line lambdas, iirc.
The line issue pops up for me in regular control for blocks and I'm using the most recent beta (which I'm uncomfortable doing but had to do to get anywhere). My indenting still gets very confused anywhere I have #if blocks.
You know I like you guys, I loved doing GSoC with Mono and I wouldn't have interviewed over there if i didn't like what you're trying to do, but these issues make it really hard recommend Xamarin. Having my IDE make me legitimately mad is a bummer.
The Xamarin toolchain has steadily improved and its PCL support makes a lot of things a lot easier, but I can't envision a use case where I would want to do my development in their IDE. I keep a Windows machine just to have VS so I can do the 90% case there and suffer through the 10% in XS.