Can you have someone from your target group that has an older browser download a sample ebook to see if it works?
Is there any reason you're customers are unlikely to upgrade their version of IE to something more current?
If your customer will be using IE 4 you may have some problems with CSS. You may want to verify that the CSS you're using is compatible with IE4. IE5? As for which version of IE came with which version of Windows, I can't say. I am of a mind not to focus on older browsers since free upgrades are available.
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