Advice has changed - we and Brian Krebs are now saying - if you don't need Java - uninstall it.
If you have Java 6 and think you're safe - you might not be - reports are varied about whether 6 is affected - but Java 6 is end-of-life as of February 2013 - so it has to go anyway.
If you have a need for Java - consider a 2-browser approach - your everyday browser - turn Java off - for a site you absolutely MUST have Java - enable java for one browser and only visit that one site with the java-enabled browser.
Simply disabling or uninstalling java might work for some people - as Java isn't as prevalent as it once was. This might change the number of Oracle, who proudly claim 850+ million PCs and 3 BILLION devices run Java...
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It's ALL perspective - get some. No - I am NOT addressing YOU!