There are significant changes in Internet Explorer v7 (IE7) that may cause the FTR/FTP Agent to break. FTR/FTP has yet to be tested with IE7 and as such, IE7 is not supported.
The following are some Microsoft links on uninstalling IE7 and blocking the automatic installation of IE7
The Internet Explorer 7 Blocker Toolkit enables IT Administrators to disable automatic delivery of Internet Explorer 7 as a high-priority update via Automatic Updates and the Windows Update and Microsoft Update sites.
Uninstalling Internet Explorer 7
Microsoft Internet Explorer 7 (IE7) is supported at Foglight Transaction Recorder 5.0.4 release.