I don't think it's as bad as you make it sound.

Web servers compromised by this worm apparently attach a "readme.eml" to all web pages served... and due to a bug in IE5, it will automatically execute the file! Yay Internet Explorer!

Hmm, due to bugs in two different MS products, this worm is running amok. And you don't see anything wrong here?

I'm watching it nail both my home firewall machine, and machines here at work. It's not fun. And realisticially, the only way to stop is is to shut down the world wide web. Everyone back to gopher...