Jkaftan,
check this link out:
http://64.233.167.104/search?q=cache:dBvbPPXPbKcJ:www.cisco.com/en/US/docs/ios/12_2/qos/command/reference/qrfcmd8.html+rate-limit+cisco&hl=en&ct=clnk&cd=1&gl=us
As I look at your config the burst-normal and burst-max value seems incorrect. Just go through this...