Version 3.35 has been released and contains a bug fix for escape list functionality in the template transformation.
UPDATE 3-3-2011: The 3.35 installer files have been re-published due to an issue where the new AllowColumnExpressions value was not being refreshed properly in the user interface.
Fixes: The Template Transformation would not obey escape list settings properly for releases 3.33 and 3.34 due to a bug fix that was introduced after 3.32 was released. This issue would cause the component to fail when using escape lists on a column.