I saw both of these buglets, when I executed this command:

up2date --nosig openssh openssh-clients openssh-server sysklogd sysstat
up2date apache gnupg

This was on a vanilla RH 7.0 intallation.

E X C E P T I O N
-----------------
Traceback (innermost last):
  File "/usr/sbin/up2date", line 382, in ?
    main()
  File "/usr/sbin/up2date", line 366, in main
    sys.exit(batchRun(onlyList, pkgNames))
  File "/usr/sbin/up2date", line 195, in batchRun
    for index in range(updated):

F I X
-----
change line 195 to
    for index in range(len(updated)):


E X C E P T I O N
-----------------
Traceback (innermost last):
  File "/usr/sbin/up2date", line 382, in ?
    main()
  File "/usr/sbin/up2date", line 366, in main
    sys.exit(batchRun(onlyList, pkgNames))
  File "/usr/sbin/up2date", line 197, in batchRun
    print "%s\nSelecting %s for update." % e.errmsg, e.pkgName

F I X
-----
change line 197 to
    print "%s\nSelecting %s for update." % (e.errmsg, e.pkgName)

Once I made these two changes, it ran and installed everything fine.