Its a hoax.
McAfee AVERT Labs would like to inform you of an email HOAX.
This email message is just a HOAX, currently we know of no other message that the user will receive about the HOAX as the initial email states. McAfee AVERT has not received any report of a user's hard drive being erased for opening the email.
The Olympic Torch Hoax first surfaced in February, 2006, just days before the opening ceremonies of the Olympic Winter Games in Turin.
It is a slightly revised version of a virus hoax circulating since 2000, popularly known as "A Virtual Card for You " or "Destroys Sector Zero " We are advising users who receive the email to delete it and DO NOT pass it on as this is how an email HOAX propagates