There are two steps to setting up your Internet Explorer Favorites to be synchronized to iFolder Export your Favorites folder and save it somewhere on your hard disk. Make sure the Favorites folder you export is the one with your preferred favorites. From the IE menu, select File, Import and Export

Click Next on the Import-Export Wizard

Select Export Favorites and click Next

Highlight the folder you want to export, or Favorites if you want all your Favorites

Select the Export to a File or Address button, and enter where you want the exported Favorites to be saved.

Click on the Finish button.

You will see a dialog telling you the export was successful.

For each machine you use Internet Explorer on, you need to manually move the Favorites folder to the iFolder folder. This is so Windows can make a registry change telling it where to look for your Favorites.
Once all of your Internet Explorer applications know to look in the iFolder for the Favorites folder, the iFolder application will take care of keeping the file synchronized.
You'll usually find your Favorites folder in C:Documents and Settings where is your Windows login name If you can't find it there, you can do a File Search (Start->Search->For Files & Folders) for it. When you find your original Favorites folder, move it to your iFolder directory. For me, it is in D:My DocumentsiFolderBookmarksFavorites Finally, copy the contents of your original Exported Favorites Folder to the Favorites Folder in your iFolder directory