I checked with snopes and it seems to be authentic
>>> Urgent E-mail.... VERY IMPORTANT
>>> FYI...........
>>> Anyone- using Internet mail such as Yahoo, Hotmail, AOL and so on.
This information arrived this morning, Direct from both Microsoft and Norton
>>> Please send it to everybody you know who has access to the Internet.
>>> You may receive an apparently harmless e-mail titled 'Mail Server Report'
>>> If you open either file, a message will appear on your screen saying:

>>> 'It is too late now, your life is no longer beautiful.'
>>> Subsequently you will LOSE EVERYTHING IN YOUR PC, and the person who sent
>>> it to you will gain access to your name, e-mail and password.
>>> AOL has already confirmed the severity, and the anti virus software's
>>> are not capable of destroying it.
>>> The virus has been created by a hacker who calls himself 'life owner'.
>>> PLEASE SEND A COPY OF THIS E-MAIL TO ALL YOUR FRIENDS,
>>> And ask them to PASS IT ON IMMEDIATELY!
THIS HAS BEEN CONFIRMED BY SNOPES.
>> http://www.snopes.com/computer/virus/mailserver.asp