I've recently taken a couple of calls about IE not displaying pictures, just the image placeholders when browsing the net. I've checked a bunch of steps such as checking the IE advanced options, security, cleaning out temp files and cache, and updating video drivers with no luck. So far, I've had to reload XP twice to fix the issue. IE sp1 was also installed if not present, but I still have been unable to find an answer. Just wondering if anyone else has had this problem and managed to fix it.