--- views-cycle.tpl.php	2010-03-19 14:58:05.000000000 -0400
+++ views-cycle.tpl.php.new	2010-03-19 14:55:22.000000000 -0400
@@ -9,5 +9,7 @@
       <li class="<?php print $classes[$id]; ?>"><?php print $row; ?></li>
     <?php endforeach; ?>
   </<?php print $options['type']; ?>>
+<?php if (!empty($thumbs_data)) : ?>
   <ul id='<?php print $cycle_id; ?>-thumb-data' style='display: none;'><?php print $thumbs_data; ?></ul>
+<?php endif; ?>
 </div>