http://www.symantec.com/home_homeoffice/security_response/writeup.jsp?docid=2007-070514-0712-99&tabid=2
Have fun.
Sounds like it's of Chinese origin.
"~~~Bloodred~~~owns~~~you~~~xoxo~~~2004", so that only one
instance of the worm runs on the computer.
xoxo 
Chances are, you will need to reformat, because even Windows back
up copies (C:\i386 or C:\WINDOWS\ServicePackFiles\i386 and
C:\Windows\system32\dllcache) are corrupted by the worm.
Maybe sfc /scannow command will work... have not
tried yet. You need to boot into DOS. This method requires the
Windows CD.
Note that sfc /scannow only repairs or replaces
Windows files, it doesn't help repair all your corrupted programs.
Reinstall them is the only solution.
Edit: corrected minor errors.
