Ran into this nasty bastard yesterday. It immediately kills all batch files and regedit, and blocks AVG updates. I couldn't run combofix because it's based on batch files. I finally found the fix to run combofix in safe mode from a flash drive. Unfortunately it infects combofix on a download so I couldn't run it. Luckily I found a good combofix that I had downloaded a few days ago saved on my flash drive.
Combofix ran and deleted an ActiveX Video something folder from Program Files. Reboot, and all is well!
