The upcoming Internet Explorer version 7 browser, or IE7, has been given its own new logo. Yippee. The following comments related to the 'radical' new design choice.
"As you can see, the new “e” has more modern look, and the edges are a bit darker so the icon stands out better against different backgrounds. We liked the gold ring too since it brings in new energy and helps the icon pop a bit more than the old one.
This icon and text treatment will be used on the versions of IE 7 for Windows XPSP2, Server 2003 SP1, and x64 versions.