I use antivir from
www.free-av.de
Using the virus description from McAfee I've used a packet sniffer from a remote computer that surely is not infected by the virus (because it runs Debian Linux), I've searched for the files and registry entries the virus creates and I even booted a Knoppix to do the file search again in case the virus is active in memory when I boot Windows and hiding.
In all cases, I've found nothing, all I get is the virus warning from antivir so I think it is - with a chance close to certainty - just a bogus report. I don't really think it's a new variant because another virus scanner started it two weeks ago and I guess all other Antivirus businesses are jumping on the bandwagon using the same virus signature and of course producing the same false positives again.
There's no mention of a new trojan virus on securityfocus, only another full disclosure about Internet Exploder 6 arbitrary code execution... but that's nothing new