I haven't tested with IE5.5 so I can't say everything works for sure.

What happens when you stream with just the regular hijack html? Goto http://empeg/?fid=101&ext=.htm and try that.
Also if you can, post your http headers, that will help determine whats going wrong.

Does the display color not change for anyone else? Are you stuck with blue or is it grayscale?

Tom