Object Spy using QTP 11 is not spying the objects correctly on WIndows 7 64 bit and IE8.
Link Objects, Edit Objects are not recognized as Link and Web edit objects, instead it recognizes these objects as webelement objects.
1. Run/ Launch IE from the QTP itself. Automation -> Record and Run Settings then under Web Tab specify your Web URL and start recording. Object Spy and QTP should be able to identify the Web Objects.
3. Run QTP as Administrator
2. Make sure you IE's Zoom Level is set to 100%