every time I try to open a drive or storage device this message pops up, and a Recyc.exe icon pops up in the file background as well...

in my task list there's a Blue.exe running and it'll restart even if I go end process tree...
I even started computer in safe mode and deleted what I think were all the related files, entries and registries and it still comes back...
anyway I did my research on internet and I haven't found an effective way or software to remove it completly...
PC-cillin 2007 doesn't seem to pick it up even...
problem is its on my back up hard drive and I don't want to format that... I formated my main drive but it copied itself back from the back up drive... it also seems to stop iTunes from working, I can't even start the program even after reinstalling the program and formating the computer..
any one out there know what to do...?