An example for the item body template:

<h1><%title%></h1>

<p><%body%></p>

<div class="metadata">
 <a href="<%itemlink%>">link</a> -
 <%date%> <%time%> -
 <a href="<%authorlink%>"><%author%></a> -
 <%comments%>
</div>

The result would become something like this: