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Get yourself patched
The difficulties with MS07-061 seem to be subsiding, although there’s still an unresolved problem with Word Perfect 11. Basically, if you have Word Perfect 11 installed, at least in some cases you won’t be able to double-click on a WPD file and have it launch automatically.
MS07-061 fixes a security hole introduced by Internet Explorer 7 – a hole that Microsoft originally denied, ultimately acknowledged and finally (more than a month later) patched. It’s being actively exploited. Time to get the hole plugged.
I’m moving us down to MS-DEFCON 4: check the Microsoft Patch Reliability Page for an important note about one really lousy patch that’s still making the rounds, then get yourself updated.