Newbie Login Question

<div id="wrap"><div id="wrap-main">
    
    <div id="header"><h1>Test blog</h1></div>
{exp:member:login_form return="http://localhost:8888/exp/"}
    <div id="toplinks">
        <div id="skip"><a href="http://index.html#content" title="skip to content">skip to content</a></div>
{if logged_out}
        <ul>
                        <li><a href="http://member/index.html" title="login">login</a></li>
            <li><a href="http://{path=%27member/register%27}" title="register">register</a></li>
               </ul>

{/if}
{if logged_in}
<ul><li>logged in as {screen_name}</li>
<li><a href="http://{path=LOGOUT}">log-out</a></li>
</ul>
{/if}
{/exp:member:login_form}