Forum Moderators: buckworks
Each major AV program, on their web site, has a "newest threats" lists. The names differ but all the majors seem to be within a day or two of announcing them on their sites. They also rate the severity of each new virus and subsequent visits will show if it has escalated. They will also give a synopsys of how it can damage. I just follow the trends.
I follow The Internet Storm Center for things of this nature also. They seem to be more of a general early warning (Just Google the name for the URL).
Take care,
Brian