Windows XP 5.1 SP1
IE 6.0 SP1 and a bunch of Qs.
Seen this posted before without a resolution, surely some super techie out there has some additional thoughts.
IE Option - Reuse Windows for Launching Shortcuts is unchecked...
Open in New Window replaces existing window
File New Window replaces existing window
Everything that you imagine would open multiple windows does not, simply replaces existing.