Microsoft Offers to Add Rival Browsers to Settle Case
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Not only that, but I'm also troubled by the inclusion of other browsers. Why should Firefox get the free publicity? Because they're popular? Well that seems to be the same argument against IE. Personally, my favorite Windows browser is Opera, but how much do you want to bet that that certainly won't be on their list.
You are right. Bundling the browser did not make Microsoft monopolistic. What the court did find was that Microsoft had a monopoly on the OS market and then used that monopoly to restrain competition in other areas, such as web browsers. That is where MS got in trouble.
Additionally, I think that Microsoft could have largely avoided all this had they just put the effort into making a standards-compliant browser that actually worked, and maybe also making it cross-platform. Much of this browser fight seems to start from web developers and programmers who are tired of developing work-arounds for IE.
Had IE been the standards-compliance leader, I think that MS would have had a good pulpit to say "we feel it would endanger the security of our users to offer or suggest an alternate browser platform that does not offer the same compliance with W3C standards as our product".
So, I have mixed emotions on this. It's less about IE specifically and more about listening to your users and not breaking the intarwebs.