Since it's a high-profile worm, you are probably safe with Norton. I would run a scan, and make sure you are clean. If it's only affecting computers through email, then you don't have a lot to worry about, unless you're like me and have over 30 email accounts No, it's not a hoax, I've heard of the worm, just haven't paid much attention to it. Just be careful checking email, and make sure you know what file extensions the worm comes in.
It really shouldnt be to difficult to keep this worm out of your pc. The email that the worm comes in, offers FREE PORN...SO with that said, stay the hell away from free porn...That should be a given anyways