IE 7 can be reset finally
The IE team blogged today that Internet Explorer 7 in Windows XP and Vista can be reset if the browser become unstable due to badly written add-ons or side-effect of malware infection.
They wrote... "We have heard from users on their need to recover Internet Explorer to a workable state if it reaches an unusable state due to spurious add-ons, incompatible browser extensions, spyware or malware. Reset Internet Explorer Settings (RIES) provides a one-button solution to get Internet Explorer settings to its workable state.
Internet Explorer 7 for Windows XP and 7+ in Windows Vista have many security enhancements which make Internet Explorer less susceptible to spyware and malware. But still browsing experience in Internet Explorer can get affected by badly written add-ons. This feature allows Internet Explorer to recover from such situations."
Read more about Reset Internet Explorer Settings (with screenshots) at their blog.
Note that you shouldn't depend on this feature in getting rid of spyware or any infection. It should be use to reset only the IE but not to fix any infection in IE or in your computer! Use an up-to-date antivirus and antispyware to scan and fix malware infections.