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I am sorry, but I do not agree with a single thing in your post. Your responce once again falls in the lap of the admin, choosing to secure their client browser or not.
It's good that you have your clients securely configured and patched, which goes a long way, once again I'm not advocating that you get a firewall and not bother with this, the system must be secured properly first then the firewall added to fill unforseen holes.
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I have all hope I configure my browser and client properly. By doing that everything is done with my permission, my choices, and with research if something I know isn't 100% trustworthy from experience and others. You assume that the admin can forget about client security, and thus falling upon a crutch again. If the browser is just as secure as the computer, (and trust me.. it is.. MS patches fix things that the normal user could already change, but wasn't default) then why even bother?
I'm sorry but if you depend on microsoft to keep IE secure with their rate of patches to discovered exploits you are suffering from "ostrich syndrome"