EXECUTE INSERT BUGS?

create table test (col text);
create or replace function tester() RETURNS void AS $$
DECLARE
cmd text;
v_value text := null;
-- ^^^ right here, NULL makes the querystring fail by setting cmd =
null
BEGIN
cmd := 'INSERT INTO test (
col
) values ( '
|| quote_literal(v_value) || ');';
EXECUTE cmd;

END;
$$ LANGUAGE plpgsql;

test=# \i /tmp/test
CREATE TABLE
CREATE FUNCTION
test=# select * from tester();
ERROR: cannot EXECUTE a null querystring
CONTEXT: PL/pgSQL function "tester" line 12 at execute statement

Also, if v_value is set to boolean then quote_literal(v_value) throws error

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