Wondering if ArcGIS 9.2 SP1 will address your problem? Check out ESRI’s ArcGIS 9.2 Service Pack 1 - Announcement page and find out.
The first ArcGIS 9.2 service pack, ArcGIS 9.2 SP1 is planned to be available as a download to the public late the week of December 25, 2006. This service pack is to help address issues users have encountered in the ArcGIS 9.2 release. CD media will also be made available by request. The 9.2 SP1 page will be available in the next couple of days and will provide a detailed list of the issues addressed