I made a quick fix for the wrapping issue but I don't want it in a frame. But this fixes it from stretching the screen.
Template : forumhome_irc_onlineuser
Code:
<tbody>
<tr>
<td class="thead" colspan="2">
<a style="float:$stylevar[right]" href="#top" onclick="return toggle_collapse('forumhome_$channel[channel_id]')"><img id="collapseimg_forumhome_$channel[channel_id]" src="$stylevar[imgdir_button]/collapse_thead$vbcollapse[collapseimg_forumhome_activeusers].gif" alt="" border="0" /></a>
$channel[handle] @ $channel[server_name]: $channel[online] online
</td>
</tr>
</tbody>
<tbody id="collapseobj_forumhome_$channel[channel_id]" style="$vbcollapse[collapseobj_forumhome_activeusers]">
<tr>
<td class="alt2"><img src="$channel[icon]" alt="$vbphrase[view_whos_online]" border="0" /></td>
<td class="alt1" width="100%">
<div class="smallfont">
<div style="white-space: nowrap">Most users in the chat was $channel[online_max] on $channel[date_max] at $channel[time_max].<br /> <TEXTAREA NAME="wrap_hard" ROWS=5 COLS=120>
Topic: $channel[topic] </textarea>
<div style="padding-top: 7px">$channel[nick_list]</div>
</div>
</td>
</tr>
</tbody>