BUG #1674: CREATE TABLE "name" (with double quotes) and resulting behavior

The following bug has been logged online:

Bug reference: 1674
Logged by: Herman Bos
Email address: hbos(at)osso(dot)nl
PostgreSQL version: 7.4.7
Operating system: Ubuntu Linux 5.04
Description: CREATE TABLE "name" (with double quotes) and resulting
behavior
Details:

for the create table in question:
http://users.lichtsnel.nl/~spacey/school/vib/vib.sql
entered into the database like this:
psql -d vib -U vib < vib.sql

results on my system
vib=> \d
List of relations
Schema | Name | Type | Owner
--------+----------+-------+-------
public | SANCTIES | table | vib
(1 row)

vib=> select * from SANCTIES;
ERROR: relation "sancties" does not exist
vib=> \d SANCTIES
Did not find any relation named "SANCTIES".

After realizing that it occurred after putting the tablename between double
qoutes. The same behavior happend with the column names.

vib=> select * from "bedrag";
ERROR: relation "bedrag" does not exist
vib=> select bedrag from sancties;
ERROR: column "bedrag" does not exist
vib=> select "bedrag" from sancties;
ERROR: column "bedrag" does not exist
vib=> select "BEDRAG" from sancties;
BEDRAG
--------
(0 rows)

I was wondering if this behavior is correct. According to my local
postgresql poweruser its a bug.