sledge81 - 1:34 am on Feb 26, 2011 (gmt 0)
There are a few errors, but none that i could trace back to the UL/Li tags.
The tags make use of a arrow.png kind of an image. It's strange that only in IE, they seem to be a bit off mark. I've highly customized the theme, so I can't really go back and reference the original css theme