WordPress database error on Dashboard page

I get this on the dashboard page of WordPress 2.0 new install on Windows platform. Could you tell me what this means and how to correct?

WordPress database error: [You have an error in your SQL syntax; check the manual that corresponds to your MySQL server version for the right syntax to use near ‘s actually a little more acute: 92.63% of the traffic to WordPre]
UPDATE wp_options SET option_value = ‘O:9:\”magpierss\”:19:{s:6:\”parser\”;i:0;s:12:\”current_item\”;a:0:{}s:5:\”items\”;a:50:{i:0;a:7:{s:5:\”title\”;s:14:\”Matt: Our Tail\”;s:4:\”guid\”;s:41:\”http://photomatt.net/2006/07/29/our-tail/………