Spam counter malformed

This is how the Akismet block comes across on a pretty stock Drupal 5.0 install:

<div id="block-akismet-0" class="clear-block block block-akismet">

  <h2>Akismet spam counter</h2>

  <div class="content"><a href="http://akismet.com" title="&lt;em&gt;drupal&lt;/em&gt; is proudly protected by Akismet, &lt;em&gt;0&lt;/em&gt; spam caught since &lt;em&gt;January 17, 2007&lt;/em&gt;." target="_blank"><img src="/modules/akismet/akismet.gif" title="&lt;em&gt;drupal&lt;/em&gt; is proudly protected by Akismet, &lt;em&gt;0&lt;/em&gt; spam caught since &lt;em&gt;January 17, 2007&lt;/em&gt;." alt="&lt;em&gt;drupal&lt;/em&gt; is proudly protected by Akismet, &lt;em&gt;0&lt;/em&gt; spam caught since &lt;em&gt;January 17, 2007&lt;/em&gt;." /></a></div>
</div>

Note the improper title attributes for the a and image tags. You can't nest tags in these areas. Shouldn't this text be exposed outside the img or a tags?