Hey,
You are meant to be able to import your bookmarks by going to:
http://www.google.com/bookmarks/bookmarks.html
Then choosing to save the file on your PC.
Then in IE7 on the top menu go
'File' -> 'Import and Export' -> 'Next' -> Import Favorites -> Select
folder...
Unfortunately this does not work! Only the folders, not the links
themselves, are created...totally useless.
I have seen a few people talking about this problem and so I have
written a script to solve it. You can see it here:
http://fraserchapman.blogspot.com/2008/05/google-bookmarks-to-ie-favo...
In essence it is the opposite of the 'Import IE Favorites...' tool on
the Google toolbar.
Hope this helps people.
Fraser.
P.S To use the script you need to copy it to your PC and save it with
the .vbs extension, just double click on it to run it.