I don't know how to address this without seeming.. complaining. :) Other ncurses based apps are able to wrap text in such a way that gnome-terminal is able to still pull out urls and make them clickable. I'm sure a good many of you probably don't use gnome-terminal so this is a moot point to you, but to someone that uses it daily it's kind of an inconvenience.
I completely understand if this is a "WONTFIX" issue as it only impacts users of gnome-terminal really, just thought I'd bring it up. -- "If a problem can be solved there is no use worrying about it. If it can't be solved, worrying will do no good."