You are having a lot of problems with this, aren't you?
Like everyone else is saying, yes, SVCHOST.EXE is a valid Windows application. It has been since at least NT4. Many services run under that EXE, including the RPC service.
The Blaster worm and it variants (namely the Welchia variant) would trigger a newly disclosed vulnerability in the way RPC service talks to the DCOM service on TCP port 135.
On some machines, when the Blaster worm tried to trigger the vulnerability to then infect the target system, the RPC service would instead become unstable. When that happened, the virus was stopped in its tracks and did NOT infect the target system, but it DID manage to mangle RPC in the process.
That was when people were getting the "shutdown in 60 seconds" countdown window.
And yes, if you manually kill the SVCHOST.EXE process running, that is the same as killing the RPC service. Windows doesn't run without RPC. That is why it was such a dangerous vulnerability. All Windows verions (the NT Kernel type) run RPC, and you can't stop it.
So, if you are worried about if you are infected with Blaster or Welchia or any other variant, go here:
www.sarc.com
The Symantec antivirus section. Go to the Virus Tools section, and download the Blaster and Welchia tools and run them both.
And make sure you are patched with the lastest RPC patch, MS03-039, located here:
http://www.microsoft.com/security/security_bulletins/ms03-039.asp
(please remove any spaces)
Being patched will prevent any future infections.