Wow, this has got to be the best exploit since the Blaster virus. Your computer can be compromised by you looking at a picture on a webpage. How crazy is that?! Soon not even porn will be safe anymore!
SP2 users can relax by the way, it doesn't affect them.
_conspiracy mode on_
Microsoft published this bug after they fixed it in SP2 to scare people into upgrading to SP2 so that they can test their new goatse filter as part of the Trustworthy Computing initiative.
_conspiracy mode off_
Seriously, you should update ASAP.