As I was working on integrating the caching capabilities (coming soon), I realized I should have a firm grasp of what any templating system might be. And, as I “mighted” through a few days, eventually the templating system simply was 
Check it out, it’s simple, relatively efficient, and you can even nest templates if you’d like. There’s also a screencast that walks you through the new templating capabilities.
Now, back to getting the caching capabilities integrated.