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Unfortunately, it is so badly written that the worm gradually renders any PC it is run on completely useless, according to Rob Koliha, Walling Data's director of innovation. "It will basically prevent execution of any kind of files."
AV manufacturers are starting to detect it:
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“We were able to confirm via internal testing and virustotal.com that the “Obama Worm” is now detected by AVG Internet Security products, as well as avast! Security products,” said Luke Walling, Founder and President of Walling Data. “AVG is identifying the threat as Generic_c.ADYY, avast! identifies it as Win32:Rootkit-gen.”