Nice to see that Deano is keeping an eye on Dolphin issues.
The issue reproduces on the Dolphin Administration Panel Demo:
name: admin
pass: dolphin
http://demo.boonex.com/administration/advanced_settings.php
Click on Tag Settings and save.
Ignored Words (Lower Case, Comma-Separated)
hi, hey, hello, all, i, i'm, i'd, am, for, in, to, a, the, on, it's, is, my, of, are, from, i'm, me, you, and, we, not, will, at, where, there
Becomes
hi, hey, hello, all, i, i\'m, i\'d, am, for, in, to, a, the, on, it\'s, is, my, of, are, from, i\'m, me, you, and, we, not, will, at, where, there
If you navigate to another page in Admin (ie Modules) then back to Advanced Settings > Tag Settings.
Note:
In case I didn't make it clear earlier, I'm thinking the issue might need to be fixed in administration\lang_file.php as there are nine instances of process_db_input in that file.
The code at around line 200 looks particularly interesting.
$sFilter = process_db_input($_GET[$sFilterName], BX_TAGS_STRIP);