I recently put in a link
[URL=http://img64.exs.cx/my.php?loc=img64ℑ=screenie_5.jpg][IMG]http://img64.exs.cx/img64/4038/screenie_5.th.jpg[/IMG][/URL]
and when I went back to edit my post, the link had been changed to
[URL=http://img64.exs.cx/my.php?loc=img64I=screenie_5.jpg][IMG]http://img64.exs.cx/img64/4038/screenie_5.th.jpg[/IMG][/URL]
*edit* it even changed it in the code box!
here is what the first should be, remove the \(replace with [] where appropriate) and carriage return
\URL\=http://img64.exs.cx/my.php?loc=img64&
image=screenie_5.jpg\IMG\http://img64.exs.cx/img64/4038/screenie_5.th.jpg\/IMG\\/URL\
*edit2* it also removes forward slashes when you edit