I was kind of surprised to see that you can't just throw a format string in Html.EditorFor(). I've sinced starting using EditorTemplates.
Create a directory structure in your solution.
Views > Shared > EditorTemplates
Add a new MVC 2 User Control in the EditorTemplates folder and name it DateTime.ascx. Html.EditorFor(DateTime) will now use this user control for display.
<%@ Control Language="C#" Inherits="System.Web.Mvc.ViewUserControl<DateTime?>" %>
<%= Html.TextBox(string.Empty, (Model.HasValue ? Model.Value.ToShortDateString() : string.Empty)) %>