For the time being you can use the following workaround:
CSS:
<style>
.RadForm_Bootstrap.RadForm.rfdButton form a.rfdSkinnedButton {
padding: 0px;
height: 32px;
}
.RadForm_Bootstrap.RadForm.rfdButton form a.rfdSkinnedButton input.rfdDecorated {
height: 32px;
}
</style>
ASPX:
<telerik:RadScriptManager ID="RadScriptManager1" runat="server"></telerik:RadScriptManager>
<telerik:RadSkinManager ID="RadSkinManager1" runat="server" Skin="Bootstrap" ShowChooser="true"></telerik:RadSkinManager>
<telerik:RadFormDecorator ID="RadFormDecorator1" runat="server" DecoratedControls="All" />
<asp:Button ID="Button1" Text="Click" runat="server" />