Microsoft mirrors the look and feel of other browsers while adding a few unique features.
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Security settings
Another very good change is the simplified Internet security settings options. Microsoft has raised the security bar, making the default setting Medium-High. If you need to change any of the security settings -- say, to install new software via download -- you'll see a golden bar across the top of the screen, reminding you that you are now surfing under less-than-secure settings. You can use a one-click menu option to change those settings back.
It would be an insult to other browser makers to say that IE7 B2 preview looks anything like other browsers.
The only resemblence it has to other browsers is the tabs (sort of) and the quick search bar.
To me, IE7 resembles Windows Media Player 10, more than anything else.