I took this from a IE banner that had a HUGE hi-res version of the E so I cut around it, downsized it and added shadow. I am only including the 48pxl version but I've found just resizing that with GIMP works just fine with no quality loss.
Now you can trick your grandmas even more into thinking shes still running her windows98 :)
I made this for personal use with my little XP project so yea, I'll prob. get some ms flame threds but hey.. atleast you have a hi-quality IE icon now... eh?eh? :)
The Thumbnail sample has a black background but the actual image is transparent. Guess thats how kde-look opens it.