License: GPL v2 GNU GPL v2+ ... the + is very important.
The important thing is the URLs, not the abbreviations. Yes, clearly there has to be something describing what the abbreviations mean. I'd prefer that to be a url, but it could also be in standards.texi. I don't know if rms will have strong feelings about this. I very much doubt we can reliably maintain a url for each version of each license. For that, <http://www.gnu.org/licenses/license-list.html> is a good list. It would be ok for me, and we could add the abbreviations to that page. I don't know where the "MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE." came from in the snipped you quoted. The wording above is used by coreutils: It comes from the recommended wording in the GPL appendix for source files. Some packages use it in the --version output, too, although the appendix just says "comes with ABSOLUTELY NO WARRANTY" for interactive use; of course --version isn't interactive. Anyway, the coreutils warranty wording seems preferable to me too. It's all quite a mess.