I does not appear to work with java applets.
'IETester.exe': Loaded 'C:\Program Files\Java\jre1.6.0_03\bin\ssv.dll'
The thread 'Win32 Thread' (0x1eb8) has exited with code 0 (0x0).
Unhandled exception at 0x080ba108 in IETester.exe: 0xC0000005: Access violation.
First-chance exception at 0x080ba108 in IETester.exe: 0xC0000005: Access violation.
Unhandled exception at 0x080ba108 in IETester.exe: 0xC0000005: Access violation.