Keep an eye out for this one since there isn't a fix yet, outside of a workaround disabling some COM objects in the registry for Windows XP and Windows Server 2003.
Microsoft Security Advisory (972890) - Vulnerability in Microsoft Video ActiveX Control Could Allow Remote Code Execution
I suspect we'll see a patch very soon. Vista and Windows Server 2008 are not affected, so those running the Windows 7 RC are likely safe too!
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