Why not use my idea...
Use a transperant png for the background, a black color background (as in the bgcolor thing) and white text. When the page renders in MSIE (which does not support transperant png's) you wont see the text.
(This reminds me of early 2002 when me, calum and a few others where just getting into web design)
[ May 19, 2003: Message edited by: Promote-OpenSource.Org's GWM ]