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Excel/Excel will not update - Possible array formula?

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Bill,

I have been through multiple postings and have tried upteem things to no avail.  The following formula refuses to update in xls (2007) unless I double-click the cell that is the target (H) and then click outside of it.  Not fun - Any suggestions?  Saw one posting stating that arrays could be the issue?

I have:

1. Confirmed auto calc on formula.
2. Copied pasted numerous formats.
3. Changed cells to different formats.

Thanks

=IF(G2>499,"L",IF(G2>50,"M",IF(G2>0,"S")))

Answer
I doubt that it is an array issue especially this is not an array formula, at least not from what you have posted.  

I have to ask the obvious - what happens when G2 changes?  If it does not change then the formula's results will not change, as I am sure you already know.  Other than confirming that the calc mode is set to Auto then I don't know what could be causing this  -  would need to see the file and that can't be done.

What happens when you press the CALC key (F9) after you change a value in G2, IF after changing the value in G2, the formula does not give you a different result?  
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