[The staff of MI6 are watching a large screen that shows Bond and Dr. Goodhead making love in space.]
Minister: My god, what's Bond doing!?
Q: I think he's attempting re-entry, sir.
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Factual error: Although it's already been mentioned that the scene of the shuttle being stolen from the back of the 747 is impossible because the shuttle wouldn't be fueled while being transported, it should also be noted that even if the shuttle was fueled, it would still be just as impossible: During the getaway, the thieves ignited the shuttle's 3 main engines to get free of the 747 and escape: the thing is, the shuttle's main engines are fueled entirely by the large external tank the shuttle and the solid fuel boosters are attached to during liftoff, and once the tank is jettisoned, these engines cannot be used. The only engines the shuttle's internal fuel feeds are the reaction control thrusters, and the Orbital Maneuvering System (which are the two smaller engines located in the bulges just above the main engines). Both the RCS thrusters and OMS engines are almost totally useless within the atmosphere, so even if the thieves managed to get the shuttle free of the 747, they could only get it as far as it would glide unpowered: In fact, they could probably get it farther if it wasn't fueled.
Factual error: The space station rotates for pseudo-gravity, but everyone falls along the rotational axis towards the bottom of the screen instead of falling outward from the axis as they actually would. Admittedly this would be difficult to film (Stanley Kubrick's astronaut jogging in a giant hamster-wheel in Space Odyssey - nuff respect) so I guess they just hoped the audience wouldn't know the difference.
Continuity: In the scene where Bond is in the helicopter being flown from the airport to Drax's estate, both landscape and weather change drastically from one moment to another as he approaches the castle. When the castle is first seen from the air in a long shot, it is surrounded by mountains and the sky is entirely clear. In the shots closer to the castle and from ground level, the mountains have disappeared and there are clouds in the sky. The cloud cover changes as well just after landing.