Some things to note about the time format. It sets up 3 different fields
automatically and on submit, checks to see if it is a time and puts
the 3 fields together into the field you specified in the fieldname attribute (in 24 hour time format).
Here is a list of some of the tags you can use with time:
fieldname - required
required - optional
minuteinterval - optional, allows you to specify the minute increments. Defaults to 5.
caption - optional
default - optional, you can specify a certain time or simply put in #now()# and it will show the current server time.
Please note that if you do choose to use a default value and use Now(), make sure you set the minuteinterval to 1 or you will get some errors.