Without commenting on the ethics of it... the two comments about a variant of it showing up are technologically not feasible. This virus is a variant of MSBlaster, and it closes the hole it uses to infect. So, a variation of it would only be able to get to systems which it hasn't already gotten to, and more to the point, would simply be variations of MSBlaster, so this virus writer didn't provide anyone with a new base.
As far as the ethics of it... I'm torn, I mean I'm not a big fan of people accessing without permission... but then again with an exploit like this one, that's so widely publicized and so easy to fix... and causes harm mostly to other computers (not the infected computer)... if you're leaving a a machine exposed and out on the internet with MSBlaster, you're either, malicious, incredibly uninformed, incapable of fixing it yourself.... so while I wouldn't necessarily support the writer, there's no way I'd hold'm responsible for it either.
-Rob