No, you are correct. I am using IE8. In my experiance, faster than firefox. I use firefox on many internet cafe. But result is not good. Really bad. Don't know how people are using it without problem. Most of the sites are not opening and slower to find the IP address etc. But IE can open it without any problem.
Some of the sites ask, firefox to open the site. But IE can open it. If some site ask for IE, then firefox can't open. Try bigtv.co.in. Most of the functions are not available on firefox.