Relocate and inherited props

$ svnadmin create repo
$ svn mkdir -mm --parents file://`pwd`/repo/A/B/C
$ svnmucc -mm -U file://`pwd`/repo propset svn:inheritable:ppp vv1 A propset svn:inheritable:ppp vv2 A/B
$ svn co file://`pwd`/repo/A/B/C wc
$ mv repo repo2
$ svn relocate file://`pwd`/repo file://`pwd`/repo2 wc

The inherited props store a full URL:

$ sqlite3 wc/.svn/wc.db "select inherited_props from nodes where inherited_props is not null"
(file:///home/pm/sw/subversion/obj/repo/A (svn:inheritable:ppp vv1) file:///home/pm/sw/subversion/obj/repo/A/B (svn:inheritable:ppp vv2))

Why do we store a full URL and not a relative URL to the root?

If we do have to store the full URL should it be rewritten by relocate?

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