The latest news is that MS will be releasing a patch *today* to fix this problem. I have just visited the Microsoft Update page, and no patch is available yet. But watch this space. It should happen today.
By the way, the third party patch described in the OP installed fine for me, and like most defensive measure, there's no way to tell if it did its job. Anyway, many others in my organization did have trouble with it, but all those troubles were related to the distribution method, not to the patch itself. It remains to be seen what complications I face when the MS patch comes out and I have a mixed set of systems with the 3rd party patch applied and some without. I reckon the "without" group will have the least trouble. I may find the "with" group will need to have the patch uninstalled. Lovely.
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Be Just and Fear Not.
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