You're right, that's a huge usability mistake. It'll be fixed for the next version (eta Monday) along with the FTP upload port.
wyUpdate error message URL doesn't wrap
I just noticed that if the wyUpdate dialog window has an update failed to load error, if the URL is longer than about 55 characters it pushes off the screen. Since there are no spaces in the URL it doesn't naturally break at the end of the label space.
The problem with this is you get incomplete information when troubleshooting.