Problem with 6.5 reload

I have just started to experiment with the new 6.5 beta.

When trying to reload the databases I got an error on what is a pretty
simple SQL command.

The pg_dump was from 6.3.1

I did psql < db.out

The error is

CREATE FUNCTION next_target ( )
RETURNS int4 AS
'update global set next_target=next_target+1;select next_target from global'
LANGUAGE 'SQL';
ERROR: parser: parse error at or near ""

I have tried repeating manually and get the same command.
The help would indicate the syntax is still correct.

--
=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=
Glen Eustace, on behalf of
GodZone Internet Services, a division of AGRE Enterprises Limited
176 Te Awe Awe Street, Palmerston North, New Zealand
Ph: +64 6 356 2562, Fax: +64 6 357 0271
http://www.godzone.net.nz, EMail: agree(at)godzone(dot)net(dot)nz, ICQ: 10397208
=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=