XHTML input value cannot contain tags?

I have a validation issue with a site I'm working on converting from html to xhtml 1.0.

<input name="music" type="text" size="35" class="textfield" value="rage against the machine&nbsp;&nbsp;&nbsp;<a href='link.php?linkID=17' title='amazon.com' target='_blank'>[Amazon.com]</a>" />

It gives me these 2 lovely errors:

1) character "<" is the first character of a delimiter but occurred as data

...against the machine&nbsp;&nbsp;&nbsp;<a href='link.php?linkID=17' title='amaz

If you wish to include the "<" character in your output, you should escape it as "<". Another possibility is that you forgot to close quotes in a previous tag.

2) character "<" is the first character of a delimiter but occurred as data

...zon.com' target='_blank'>[Amazon.com]</a>" />

if these are changed into &lt's and gt's they won't work when they are pulled from the db and rendered to the client. It'l just show up as the tag, not as a link.

Any ideas on how to get around this?

In order for your input tag to validate, you will need to replace the < and > characters with their HTML entities.

Perhaps keep it stored in the database the way you have it, with < and >...
Write a function to convert those characters to < and >
Perhaps regular expressions will help.

Yeah thats what I ended up doing. Unfortunately, this seems to be the only real possible 'fix'.