try running the new version of spybot (1.3).
the other thing i can think of is: try opening the task manager before you open IE. check and see if anything is taking up all the memory usage...
i worked on a computer where the "services" would peak up to 99% whenever IE was started. it was due to some really deep-seeded malware and hi-jackers.
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aaarrrrrgggghhhh!!!!
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