When editing the description or testing done fields of a review if a URL is
inserted between '<' and '>' an extra ';' is appended to the closing '>'
after the OK button is pressed. However if a non-URL is inserted between
the '<' and '>', it displays correctly.

What is the expected output? What do you see instead?

the line
<http://www.review-board.org/> <reviewboard>
displays as
<http://www.review-board.org/>; <reviewboard>

What operating system are you using? What browser?

Windows XP, using both Firefox and IE