12-16-2011 05:02 AM - edited 12-16-2011 05:05 AM
It is not malware; I'd say it is more in the style of "potentially unwanted software", software that can be a nuisance even though they aren't malicious and that can be hard to get rid of.
You should be able to just chose another default search engine in your browser, though.
Search Conduit doesn't install itself - you actually have to accept it yourself. It is usually bundled with other software - one reason that you shouldn't just click "accept" without reading the text during installation of program.