What's interesting is that Protected Mode is simply a stripped down UAC, yet everybody seems to hate UAC.
Now, it they came out with something similar to NoScript and all of my other plugins, I might be interested in switching.
The Mozilla team has actually talked to Microsoft's UAC team about it. It appears they're worried that IE7's Protected Mode is not a complete sandbox.
http://www.computerworlduk.com/technology/internet/applications/news/index.cfm?newsid=2204
In addition, they still have to maintain portability, because they work on a wide variety of OSes. I'm sure they want to provide security for everybody, not just Vista users.
Being that Protected Mode is only available to Vista users, it's probably not the best solution for a team that wants cross platform compatibility.
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