There's a bug in all versions of Internet Explorer, including the latest IE7, whereby if you have a floating block in a block inside another block which has a background image (possibly also background colors), text will disappear. I was hitting this at work where we had two columns created using floating blocks, inside two separate blocks that each had a background image, and just above the columns was a heading - the text within the columns showed up but the heading always disappeared after the images finished loading.