Yes!!, after reading about people's problems with identities in outlook express, I decided to try and fix it. Guess what?...I did!

Well, until microsoft figures out how to fix it with another patch for this patch.

It's really simple actually.
Just follow these steps:

1. Open Outlook express
2. Click File -> Identities -> Manage Identities
3. In the window that pops up you should see a box saying: Use this identity when starting a program

That's it...but now when you click on Switch Identity, the same window will pop up twice and you gotta choose the identity you want twice...but hey, it works!