How well will just disabling the Java browser plugins work given the bold portion (by me) of following statement from the article in the OP's post?
"... All versions since Java SE 6 update 10 for Microsoft Windows are believed to be affected by this vulnerability. Disabling the java plugin is not sufficient to prevent exploitation, as the toolkit is installed independently. ..."
Personally, not too concerned being that:
Use Fx with NoScript's Options > Embeddings have all the restrictions for untrusted sites enabled (see screen shot below).
Only use IE for a few sites that require IE to use/view properly. Hence I've added these sites to the Trusted Sites Zone, and the all the other Security Zones are settings set with all active content/scripting disabled. Have IE secured mainly as a prevention from other various apps that use the IE engine/components.
Use a Win XP LUA account for browsing general use, and have Fx and IE set with avast!'s "Always run in sandbox".