Guess I should have checked the board before I responded to your email!
This is what mine looks like:
CODE
<MTArchiveList archive_type="Monthly"><p align="center">
<a class="arch" href="<MTArchiveLink>"><MTArchiveTitle lower_case="1"></a><br />
<span class="list"><MTEntries>. <MTEntryTitle lower_case="1"> .</MTEntries>
</span></p>
</MTArchiveList>
That is in my Master Archive Index template.
Hmmm, are you sure there's not more in your template? Where are the colons coming from that I saw on your page?