ALERT: Out of band security update to be released on August 2
Details here:
http://www.microsoft.com/technet/security/bulletin/ms10-aug.mspx
“This is an advance notification of one out-of-band security bulletin that Microsoft is intending to release on August 2, 2010. The bulletin addresses a security vulnerability in all supported editions of Windows XP, Windows Server 2003, Windows Vista, Windows Server 2008, Windows 7, and Windows Server 2008 R2, that is currently being exploited in malware attacks.”
Please install this patch as soon as you can once it is released.
If you used the workaround to mitigate the vulnerability (that is, if your shortcuts look like this 
or this 
, then you will need to undo that workaround before installing the security update.
Microsoft released a “fixit” to automatically apply, or remove, the workaround that broke *.LNK files – you can find the “fixit” here:
http://support.microsoft.com/kb/2286198