This is one of three new rootkit approaches being documented this morning. Hopefully, 2006 won't be the year of the Rootkit.
Trojan.Azwiz.F - New trojan horse uses Rootkit approach
http://securityresponse.symantec.com/avcenter/venc/data/trojan.abwiz.f.html
Trojan.Abwiz.F is a Trojan horse with rootkit abilities that downloads and executes remote files and sends confidential computer information to a remote attacker. The Trojan also allows a remote attacker to perform various unauthorized actions on the compromised computer.