Deep Joy --- Turns out that DNN 4.9.4 is OK.
Have just done a fresh install and IE8 shows no menu items but Firefox does. Checked with a colleague and his IE8 is fine.
There is a problem on my PC

IE reports following errors
Webpage error details
User Agent: Mozilla/4.0 (compatible; MSIE 8.0; Windows NT 5.1; Trident/4.0; GTB6; .NET CLR 1.1.4322; .NET CLR 2.0.50727; .NET CLR 3.0.4506.2152; .NET CLR 3.5.30729)
Timestamp: Wed, 26 Aug 2009 10:04:10 UTC
Message: Automation server can't create object
Line: 32
Char: 4
Code: 0
URI:
http://www.excite-rallye-raid-team....dnn.xml.js" target="_blank" rel="nofollow">http://www.excite-rallye-raid-team....dnn.xml.js" target="_blank" rel="nofollow">http://www.excite-rallye-raid-team....dnn.xml.js" target="_blank" rel="nofollow">http://www.excite-rallye-raid-team....dnn.xml.js
Message: Automation server can't create object
Line: 32
Char: 4
Code: 0
URI:
http://www.excite-rallye-raid-team....dnn.xml.js" target="_blank" rel="nofollow">http://www.excite-rallye-raid-team....dnn.xml.js" target="_blank" rel="nofollow">http://www.excite-rallye-raid-team....dnn.xml.js" target="_blank" rel="nofollow">http://www.excite-rallye-raid-team....dnn.xml.js
Message: Automation server can't create object
Line: 32
Char: 4
Code: 0
URI:
http://www.excite-rallye-raid-team....dnn.xml.js" target="_blank" rel="nofollow">http://www.excite-rallye-raid-team....dnn.xml.js" target="_blank" rel="nofollow">http://www.excite-rallye-raid-team....dnn.xml.js" target="_blank" rel="nofollow">http://www.excite-rallye-raid-team....dnn.xml.js
Message: Automation server can't create object
Line: 32
Char: 4
Code: 0
URI:
http://www.excite-rallye-raid-team....dnn.xml.js" target="_blank" rel="nofollow">http://www.excite-rallye-raid-team....dnn.xml.js" target="_blank" rel="nofollow">http://www.excite-rallye-raid-team....dnn.xml.js" target="_blank" rel="nofollow">http://www.excite-rallye-raid-team....dnn.xml.js
Does anyone know where to get fixes for IE8 or am I missing a component from my PC
Regards
Dave