Socket exception uses variable before it is declared

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I am using v1.0.2 (most recent as of now) on Python 3.2 with the most recent 
RabbitMQ. When there is a network issue it sometimes crashes on connect 
(amqp.Connection()) with this trace:

\connection.py", line 129, in __init__
    self.transport = create_transport(host, connect_timeout, ssl)
\transport.py", line 297, in create_transport
    return TCPTransport(host, connect_timeout)
\transport.py", line 87, in __init__
    raise socket.error(msg)
UnboundLocalError: local variable 'msg' referenced before assignment

I replaced the offending line
raise socket.error(msg)
with:
raise socket.error('Unable to connect')

Original issue reported on code.google.com by [email protected] on 7 Feb 2012 at 9:34