Oh, I believe it's real. There's just one thing that's weird, though. For the moment, the worm is only duplicating itself, and trying to stay on the infected machines. Blocking the use of anti-virus programs, their websites, being as stealthy as possible, copying itself on a network or via USB keys. All that stuff is only helping it spreading and surviving, but it doesn't have very big consequences. I've read somewhere that the worm hasn't actually been 'turned on' yet, meaning that the real consequences, whatever they might be, haven't been seen thus far.