Product of two quotient spaces - an frequent and (in)famous mistake

The first edition of Bourbaki's General Topology (chapter I, §9, p. 56) contains the following theorem.

Proposition 3. Soient $E$, $F$ deux espaces topologiques, $R$ une relation d'équivalence dans $E$, $S$ une relation d'équivalence dans $F$. L'application canonique de l'espace produit $(E/R) \times (F/S)$ sur l'espace quotient $(E\times F)/(R\times S)$ est un homéomorphisme.

It is followed by a very convincing proof. However, the theorem is wrong. The subsequent editions give an example where the spaces are not homeomorphic, even when one of the equivalence relation is equality.

I finally understood where the mistake is. It is in the very statement! Indeed, there is a canonical map, say $h$, between those two spaces, but it goes the other way round, namely from $(E\times F)/(R\times S)$ to $(E/R)\times (F/S)$. This map is continuous, as it should be. But Bourbaki, assuming that the natural canonical map goes the other way round, pretended that $h^{-1}$ is continuous, and embarked in proving that its reciprocal bijection, $h$, is also continuous, what it is...

There are cases where one would like this theorem to holds, for example when one discusses topologies on the fundamental group. Indeed, the fundamental group of a pointed space $(X,x)$ is a quotient of the space of loops based at $x$ on $X$ for the pointed-homotopy relation, hence can be endowed with the quotient of the topology of compact convergence (roughly, uniform convergence on compact sets). Multiplication of loops is continuous. However, the resulting group law on $\pi_1(X,x)$ need not be.

The mistake appears in the recent litterature, see for example this paper, or that one (which has been even featured as «best AMM paper of the year» in 2000...). MathScinet is not aware of the flaws in those papers... Fortunately, MathOverflow is!