how bad is it

Picked this up at Slashdot

How much spyware and crap can be installed by visiting one single website using Internet Explorer? Check out this article and see the details for yourself. This is just another reminder for you to make the switch to Firefox and protect yourself from these security holes.

At the very least, if you are going to continue using Internet Exploder, head over to Windows Update and upgrade to the latest patch of IE and close a few of those security holes.