You can edit the template to look how you want. Here is my links_linkbit template. Feel free to use it if you like it.
Code:
<tr>
<td colspan="2">
<div style="margin-top:3px">
<table border="0" width="100%" cellspacing="0" cellpadding="0">
<tr>
<td width="100%">
<table border="0" width="100%" cellspacing="0" cellpadding="0">
<tr>
<td class="tcat" align="left"><if condition="$linknew">$linknew </if>$linktypebit</td>
<td class="tcat" width="65%" align="left"><strong>$linkurljump <if condition="$linksize"> Size: $linksize $vbphrase[ll_kb]</if></strong></td>
<td class="tcat" width="35%" align="right"><if condition="$links_permissions[can_view_names]">$vbphrase[ll_submitby] <a href="member.php?u=$linkuserid">$linkusername</a> On: $linkdate</if></td>
</tr>
</table>
</td>
</tr>
<tr>
<td width="100%">
<table border="0" width="100%" cellspacing="0" cellpadding="0">
<tr>
<td class="alt1" align="center">$linkimgjump</td>
<td class="alt1" width="100%" align="left" valign="top"><span class="smallfont">$linkdesc</span></td>
<td class="alt1" width="100" align="right">
<if condition="$links_permissions[can_view_hits]">
<div align="center">
<table cellpadding="0" cellspacing="0" border="0" width="100">
<tr>
<td width="100" valign="top" class="thead" align="center">Hits/Views</td>
</tr>
<tr>
<td width="100" valign="top" class="tcat" align="center">$linkhits</td>
</tr>
</table>
</div>
</if>
</td>
</tr>
</table>
</td>
</tr>
<tr>
<td width="100%">
<table border="0" width="100%" cellspacing="0" cellpadding="0">
<tr>
<td class="thead" align="left"><span class="smallfont">Enlarge Thumbnail $linkimgmag</span></td>
<td class="thead" width="85%" align="right">
<span class="smallfont">Favorite </span> $linkfavbit
<span class="smallfont">Edit </span> $linkeditbit
<if condition="$links_permissions[can_send_tofriend]"><a href="$LINKS_SCRIPT.php?action=sendtofriend&catid=$linkcatid&linkid=$linkid" target="_blank" title="$vbphrase[ll_sendtofriend]"><span class="smallfont">Send To Friend </span> <img class="inlineimg" src="$stylevar[imgdir_button]/sendtofriend.gif" alt="$vbphrase[ll_sendtofriend]" border="0" /></a></if>
<if condition="$links_permissions[can_report_link] and $linkuserid != $bbuserinfo[userid]"><a href="$LINKS_SCRIPT.php?action=reportlink&linkid=$linkid&catid=$viewcatid&page=$pagenumber"><span class="smallfont">Report Bad Link </span> <img class="inlineimg" src="$stylevar[imgdir_button]/report.gif" alt="$vbphrase[ll_report_bad_link]" border="0" /></a></if>
</td>
</tr>
</table>
</td>
</tr>
</table>
</div>
</td>
</tr>