yes it seems this bug still has not been fixed. this is the workaround: maually add the HISTORY folder to EXCLUDE option and then IE history will not be deleted.
In order to clean custom files or folders, you must have Advanced - Custom Files and Folders checked.
yes i noticed that too. IE history is unchecked and it still gets erased. it looks like a bug in the latest version.
the "fix" for now is to manually add the HISTORY folder to EXCLUDE option :
C:\Documents and Settings\username\Local Settings\History
then the IE history wont get erased