Yes and no.
I have no idea whenever and how broken IGE is. I heard, nobody even cared to evaluate that. Boils down to "no formal proofs (but likely to be broken)".
At the same time, I heard the concern there are no security proofs on the key exchange and it may have issues. Since as a commoner I can't evaluate it any further than this, so boils down to "no formal proofs (although hoped to be fine)", too.
Those are surely different cases. I'm just concerned over what I use (TextSecure), though.