Incorrect error message code

From metatag.module: metatag_entity_load()

  catch (Exception $e) {
    watchdog('metatag', 'Error loading meta tag data, do the database updates need to be ran? do the <a href=":url:">database updates</a> need to be ran? The error occurred when loading record(s) :ids for the :type entity type. The error message was: :error', array(':ids' => implode(', ', array_keys($entities)), ':type' => $type, ':error' => $e->getMessage()), WATCHDOG_CRITICAL);
    // Don't display the same message twice for Drush.
    if (php_sapi_name() != 'cli') {
      drupal_set_message(t('Error loading meta tag data, do the <a href=":url">database updates</a> need to be ran?', array('url' => url('update.php'))), 'error');
    }
  }

1. The watchdog call has ":url:" but no url included in the variables parameter.
2. The drupal_set_message call has ":url" and has "url" in the args parameter.

This shows a rather ugly message ;)