FL32

I am used to the old Internet explorer 7 address box that lists the previous sites u have visited when clicking on the the down arrow to display them. I downloaded the new internet explorer 8 and I want to know if there is any way to turn off the suggested links that include favorites and browsing history. I dont mind the sites that I have visited being displayed, I just dont like the new layout with the favorites and browsing history being listed. Much help is appreciated. Thanks