A recent request over at this thread http://www.webassist.com/forums/showthread.php?t=5074&page=2 prompted me to try this on a remote server (I've only tested locally so far) using IE8 to see whether the problem highlighted in that thread with iRite has been rectified in this new version.
Alas, it's even worse. The fly out menu doesn't appear at all now
If you want to try it yourself here's the link http://www.langerweb.com/untitled.php. Works fine in FF3 but not IE8. For me anyway.