> He wants the " untouched, and he wants a \ infront of each ", and he
> doesn't even want the <,> around the img tag.


So what he wants really is a block of text , not an element at all...

<xsl:template match="image">
<xsl:text>&amp;lt;img src=\"</xsl:text>
<xsl:value-of select="."/>
<xsl:text>\" / &amp;gt;</xsl:text>
</xsl:template>

Right? Literal boilerplate surrounding the value extracted from the <image> element.