Using Dan's method of building the root tag manually, I got everything to work with the path() command as well. It's really just a "Nested FOR XML Query" (that's the title of the bol entry) which looks something like this:
SELECT getDate() as '@timestamp',
(select name as '@name', xtype as 'data/@xtype'
from sysobjects
for xml path('object'), type
)
FOR XML PATH('root')
Thanks for the help!
--Adam