Padding around tags

increase the line-height (appr. to 15px ?) in this style in style.css of your theme:

p.postmetadata {
	border-top:1px solid #999;
	color:#000000;
	height:12px;
	line-height:10px;
	margin-bottom:25px;
	padding:4px 0pt;
	position:relative;
	text-transform:uppercase;
        margin-top: 10px;
}

and maybe also the height to keep the distance to the next post.

Fantastic! thank you so much (again!!)

Do you know how I can add another silver line just below thetags to seperate them from the post below?

same style;
add
border-bottom: 1px solid silver;
and remove
height:12px;
to allow the tags to expand automatically if they go to a second line.

Thanks!