register link doesn’t display

Strangest thing is happening with my meta section of my sidebar.php…

Here’s the relevant snippet:

<ul>
  <?php wp_register(); ?>
  <li><?php wp_loginout(); ?></li>
  <?php wp_meta(); ?>
</ul>

Here’s the problem. The register link doesn’t display for site visitors who aren’t logged in. If I recall correctly, doesn’t the register link display for non-logged in users and not for users who are logged in?

I’m using a non-widget aware theme, so the sidebar.php is where the meta section goes…

Am I missing something?