My favourite templating system is enlive[1] (or enliven[2]). You use CSS-style selectors to select snippets of HTML to manipulate and then use code to duplicate, remove, move or replace these snippets, insert content, set attributes etc.
The "template" is pure HTML without any additional markup and without any logic. The code then says "repeat this snippet for every item in this list and insert it over there" (or whatever you need). Markup does what its good at, code does what its good at. Works out really nicely.
Although nowadays I use reagent and hiccup-style markup and write everything in code (but keep my components as pure and dumb as possible).