Rename <No value> to - No value -

Core uses spaces in those strings. see theme_options_none()

Even i think any kind of string change is bad this place shouldn't be used that often, committed to 7.x-3.x

There is something very bad in code...

<select id="edit-views-exposed-filter-any-label" name="views_exposed_filter_any_label" class="form-select">
  <option value="old_any"><Any></option>
  <option value="new_any" selected="selected">- Any -</option>
</select>

OLD_ANY need to be killed from code.

That's just an admin settings page and well if the internal value is stored as "old_any" and "new_any", sure you can update them but just for a not easy to understand array key?

PS: That's somehow out of scope of that issue, you know that.

The problem is wth core trying to detect this as html tag on transation import. As it's not a tag it will fail. This case is related as it discusses a generic issue that is 100% the same.