The Local Storage settings window shows I have 1.8 TB of Local Stored Photos on my 512GB M1 MacBook Air. See Screenshot below.
The size of the Library on Adobe Cloud is 696GB with 81050 photos and videos.
The size of the local library file on the machine is 149GB, which is about right for Smart Previews, and consistent with the sizes of the proxies inside the library.
The screenshot shows "free space" as 36.33GB, but the Finder free space on the machine is 131GB.
This whole situation is occurring on two identical macs.
On both macs I have deleted the local library completely and downloaded fresh copies from the Adobe Cloud with the same result.
Everything seems to be working perfectly so is this just a bug in the Local Storage setttings display?
Advice welcome please!