It does not get any more ridiculous than this… AOL has communicator which is made from the Mozilla code but they opt to go with IE which has not been updated in years when they release a stand-alone browser product.
It appears that AOL will be releasing its own branded browser for its subscribers. Surprisingly, “AOL Browser” (its real name) will be based on Internet Explorer instead of the Mozilla derivative Netscape, which AOL owns. [Ars Technica]
What do you expect from the company that killed Netscape.