JQuery 1.4.2 + .html() + Internet Explorer = Bug!?!

There is a hidden form element on this page called #target. Clicking the button will attempt to change the .html() of #target and will throw an "Unexpected call to method or property access" error in IE 7 and IE 8. Non-InternetExplorer browsers do not appear to be affected.

I know this is not valid to do, but JQuery should not throw an error and cause scripts to stop excuting.