This site will look much better in a browser that supports web standards, but it is accessible to any browser or Internet device.
Check your file type associations are correct. If the default browser controls (for want of a better word) are incorrectly set, or damaged, the ability to open IE windows via hyperlinks or Ctrl+n will not work at all, or it may work, but multiple, identical windows will appear.
If the windows are not identical - for example, if they are pop-up windows / advertisements, then you must examine your system for malware.
If your system is clean of malware, try resetting IE5 as 
					your default browser. From within Internet Explorer, go to
					Tools, Internet Options, Programs and 
					turn on the check box for IE to check if it is the default 
					browser. Shut down and restart IE. When it asks to be 
					default browser, say yes.
					
					If that doesn't work, go to My Computer, View,
					Folder Options, File Types (or Control 
					Panel, Folder Options depending on your operating 
					system)
					
					Scroll down to the URL:Hypertext Transfer Protocols, 
					click Edit twice and make sure the following is in 
					the application used to perform action box:
					
					"C:\PROGRAM FILES\INTERNET EXPLORER\iexplore.exe" -nohome
					
					The same applies for URL:Gopher
					
					DDE should be set to: "%1",,-1,0,,,,
					Application should say: IExplore
					DDE application not running should be blank
					Topic should be: WWW_OpenURL
Also have a look at these links:
					
					Internet Shortcuts in Outlook Express Don't Start Browser 
					(Q177054)
					
					http://support.microsoft.com/support/kb/articles/q177/0/54.asp
					
					
					New window is blank or nothing happens when you click on a 
					link - Q281679
					
					http://support.microsoft.com/default.aspx?scid=kb;EN-US;Q281679
					
					
					Incorrect Settings in the Dcomcnfg.exe Tool [Q274696]
					
					http://support.microsoft.com/support/kb/articles/q274/6/96.asp 
					
					
					Internet Explorer Home Page Opens When You Click a Link That 
					Is Pasted into an E-mail Message (Q291859)
					
					http://support.microsoft.com/default.aspx?scid=kb;EN-US;Q291859 
					
					
					You cannot open an MHTML URL after you install the April 
					2003 cumulative patch for OE
					
					http://support.microsoft.com/?kbid=825803 
					
					Also see 'open in new window doesn't work' 
					and 'IE opens blank (empty) windows'.