For those interested in the removal instructions, this article explains it in good detail.

Rootkit Removal

A lot of the spyware removal forums are being deluged with users, suddenly concerned with this problem. (Thanks to the media)

These instructions aren't for the real novices either,as it involves tunneling down to the registry and deleting keys, so when they are trying to do this on their own, even with clear cut instructions, they are going to make mistakes.

So backing up is the thing to do.