The way I figure it - although I haven't tested the theory - is that new windows will appear in the same position/size of the last, final IE window that you close.

Hmmm, kind of hard to explain - say if you have 3 windows open, you close all three, the size/position of new windows will be the same as the last one; i.e. you have to completely close IE for the size to be changed!

That's what I reckon anyway.

Cheers.