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Um... Don't IMs in Yahoo pass through a yahoo server before they get to the other user? So the IP address you're seeing would be of a Yahoo server? There are only certain features withing Yahoo that are direct connections. At least, as far as I know. But with normal IMing I believe you're seeing the IP address of a Yahoo server.
Exactly very true indeed. If I 'Instant Message' TurdFirgusson using yahoo you will obtain the YAHOO servers IP address not the WAN IP address issued to me by my ISP.