Thanks everyone. System Restore would only let me go back as far as 15th feb and it hasn't shifted the Trojan - so it looks like I'll have to reinstall windows.
I've got an external hard drive I can transfer photos and videos to - apart from that the only things I'd like to save are stuff like Nero, DVDSanta, Winrar, Winavi etc. Should I bite the bullet and wave goodbye to these programmes, just to be on the safe side ? As well as the 'Collected.Z' trojan, I've now got two others called Proxy.KPU and Generic3TKJ. All the various parts of the viruses seem to be located in the temp folders, although one just says it's on the C drive and doesn't specify where.