Use this plug-in so you can create those text blurbs
http://wordpress.org/extend/plugins/content-and-excerpt-word-limit/
Edit the archive.php file within your theme
<?php while (have_posts()) : the_post(); ?>
<div <?php post_class() ?>>
<h3 id="post-<?php the_ID(); ?>"><a href="<?php the_permalink() ?>" rel="bookmark" title="Permanent Link to <?php the_title_attribute(); ?>"><?php the_title(); ?></a></h3>
<small><?php the_time('l, F jS, Y') ?></small>
<div class="entry">
<?php content('100'); ?>
</div>
<p class="postmetadata"><?php the_tags('Tags: ', ', ', '<br />'); ?> Posted in <?php the_category(', ') ?> | <?php edit_post_link('Edit', '', ' | '); ?> <?php comments_popup_link('No Comments »', '1 Comment »', '% Comments »'); ?></p>
</div>
<?php endwhile; ?>
You can also just change the archive.php to `<?php the_excerpt(); ?> instead of the content – This will be default pull the first 55 words of a post, you can change this length in the functions.php file in your theme..
More info here..http://codex.wordpress.org/Template_Tags/the_excerpt
Ok, got the excerpt part down..but I still cannot figure out how to format archives to show the amount of results I want. It still sticks with how many ever posts I display on my main index page. Is there any way to set a different number of posts to show up in archives?