Short version: IE9 works; older versions won't since they don't support SVG or canvas
Long version:
Internet Explorer 9 and newer support SVG, though SVG was initially chosen for first renderer based on ease of implementation and the lack of mature canvas/WebGL libraries.
We expect the next renderer to have very high performance. However, old versions of IE are nearly impossible to support. They don't have SVG or canvas support.
IE9 still doesn't implement everything it should -- and what it has implemented is dodgy at best. The best bet is to use something like Chrome frame or redirecting your users to download Chrome, if you're interested in old versions of IE.
If you're interested, you could try to write some kind of custom, high-performance just for old versions of IE. However, I don't expect that to go very well, since IE isn't known for performance even with its own proprietary technologies. Canvas will work well for IE9+.
To close: We will support IE insofar as it doesn't require rewrites just for IE; i.e. there are minor workarounds in the SVG renderer to fix IE's problems, but we won't plan on IE-only or IE-centric renderers because (1) it goes against the philosophy of having standards on the web and (2) it's too expensive to develop and maintain.