Has anyone had this problem with web font rendering? The first is with Chrome, the second is with IE. It looks like it's misunderstanding alignment zones, but I've double checked and everything is correct in the files. Is there something obvious I'm not understanding?

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Maybe, but what bothers me is that Chrome and IE supposedly both use DirectWrite now. Which means that either IE is falling back to an older rasterizer or one of the two browsers is tweaking the output of DirectWrite. This is the second time this week that I’ve seen mismatched rendering between these browsers. As type designers we should lobby Microsoft and Google to explain exactly WTF is going on with their text rendering so that we know what we’re building fonts for.
Nowadays I use software locally, at least do you then know what you are running.
Microsoft.com
Washington “Capital”!
I’ve used Font Squirrel for testing (with autohinting turned off) and never had any of these issues.