The newest update to ImgWheel fixed the major IE incompatability problem. ImgWheel now works with IE 9+. I am going to try to get the plugin working in IE 8 and below when I have time. If you'd like to fork the repo on Github and try it yourself, please do!
In the future this area will contain more detailed information on updates. Until that time, please check out the rest of the site for an overview of what ImgWheel is, the various configuration options, and demonstrations of ImgWheel in action.