You lucked out since you don't have a Windows 7 machine, you can find more information here, and here.
Basically they released an update for AVG that made Windows totally unusable on a Windows 7 64-bit machine. I know 6-7 people personally this happened to and heard of others. They had no choice but to reformat their hard-drive and to reinstall everything as the fix suggested by AVG did not work for them. AVG did remove that update version and took care of it, but the damage was already done.
Everyone makes mistakes, but after THAT size of a mistake I won't be risking their product again - sadly. I like the interface much better than Avast...




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