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If a Begin Time is provided it is "combined" with the Begin Date to specify a specific point in time (ie: 12:30 PM 3/12/2007 for a Begin Date of 3/12/2007 and a Begin Time of 12:30 PM).
If a Begin Time isn't supplied then 12:00 AM 3/12/2007 would be used (hence the immediate reminder if today is 3/12/2007).
When the recurring reminder is dismissed, the start date will be advanced by the recurrence interval to the first future recurrence (and the optionally displayed Orig Begin Date attribute records the original Begin Date value).
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