I just ran the static analyser over the source code of thunar-vfs-1.2.0 It said [thunar-vfs-thumb-jpeg.c:427] -> [thunar-vfs-thumb-jpeg.c:425]: (style) Duplicate conditions in 'if' and related 'else if'. Source code is if (tag == 0x0100) exif->thumb.thumb_tiff.width = value; else if (tag == 0x0100) exif->thumb.thumb_tiff.height = value; Suggest change 2nd if.
It was indeed a bug, but an inconsequential one. More importantly, thunar-vfs is no longer maintained or part of xfce, so I'm closing this.