You've hit an instance where IE (by sheer dumb luck, maybe?) follows standards yet FireFox doesn't. If you tried this same form in FireFox instead of IE, it'd probably work.
As Weedpacket points out, the browsers don't have to submit the 'submit' element, but instead the 'submit_x' and 'submit_y' elements. FireFox, however, will submit all 3.
EDIT: Bwah? Now FF is doing the same as IE... but I swear FireFox did this before... have they fixed this in recent versions?...