If you create a new restore point, is virus/malware still present?

I've been trying to get rid of some kind of redireect malware using search and destroy, malwarebytes, and a few others. I think its under control, then this morning I downloaded PC Wizard, started to run it and it froze at 60%.
decided to uninstall, wouldn't, error message saying files are corrupt cannot remove.
Tried to Windows Explorer and all my desktop icons changed to IE icon. When I tried to open a program or file a dialogue box opened with the program name and the option to open or save but didn't do anything. The name of the box is "view downloads". It looked different than other dialogue boxes.
Anyway I booted into safemode tried to remove pc wiz, no go, so I created a earlier restore point. I just would like to know if the virus/maleware is removed because of the restore point or is it still in there?

That doesn't guarantee a clean system. Some nasty viruses trash your restore points so they stick to your system.

You can boot into safe mode and then download/install Malwarebytes' Anti-Malware, perform a full scan and remove the infection. You can also download and burn recovery discs/boot CDs/DVDs from a clean PC and boot from there to remove the viruses.

That's what I thoiught. If I go to a restore point, lets say 1 year ago, would all programs installed after that point still be there.
I have been using malwarebytes, spybot, and ME, everyday, sometimes they find something ,most of the time not.

Hi, jmfal.

If your security software is frequently picking something up, I suggest that you you do a thorough cleaning of your system. This means an updated, full system scan by your antivirus software followed by a shutdown/restart and a full scan with Malwarebytes. If anything is found, move on to an online scan, such as ESET or F-Secure.

Next, make sure you have installed all Microsoft security updates (lots coming this Tuesday!) as well as third-party software, particularly all Adobe products (Reader, Flash, AIR) and Java. Additionally, check add-remove programs and uninstall any old versions of Java found. (A good way to check if your system is missing security updates or has insecure applications, install Secunia Personal Software Inspector or, alternatively, visit Secunia - The Leading Provider of Vulnerability Management and Vulnerability Intelligence Solutions)

As to System Restore, if you restore your computer to a point that was created while your system was infected, then, yes, it is still there. If you revert to a very old restore point, remember that you will need to check for security updates.

At a point when you are confident that your system is running smoothly and is not infected, I suggest creating a fresh restore point and then use the Disk Cleanup tool to remove all old restore points. Instructions for Windows Vista and Windows 7:

• Click start, type Disk Cleanup in the search box
• Right-Click Disk Cleanup and select "Run as Administrator" and accept the UAC elevation prompt.
• Select the drive where Windows is installed (if you have more than one drive) and click "OK".
• When the scan completes, check/uncheck desired boxes.
• Next, please click the More Options tab at the top.
• Click the "Clean up..." button under the "System Restore and Shadow Copies" section at the bottom.
• Click Delete in response to the question "Are you sure you want to delete all but the most recent restore point?", click OK and answer Yes again.
• The disk clean up utility will remove the selected items. When it completes, please restart the computer to properly record the changes made to the hard disk.

Your final step, when the system is clean and updated, is to create a system backup. Here's a tutorial with complete instructions: Backup Complete Computer - Create an Image Backup - Windows 7 Forums

Thank You for the help.
Ran a online scan from eset, found a couple of win32/adware, big help!
Secunia 100%
System running good, appreciate the advice

Glad to hear things are back to normal, jmfal. Let us know if you need further assistance.