If you are sharing sticks between one another, then your security is of the up-most importance. The biggest mistake you can make is to "assume" anything; especially if they haven't upped their protection knowledge and practices...
Depending on what security software you have installed, you might not need a dedicated USB protection tool. For example, EAM checks your USB inserts, and Avira disables USB autorun (or autoplay?). Microsoft didn't disable autorun by default; the disabling was applied via a Windows Update.
I still use autoplay and autorun on my W7 OS, as I prefer not to 'lock' everything. PC usage with common sense is much more reliable than diving into the "oh no, gotta' secure every lil' nook and cranny because some website said something about so and so...". Remember, if you don't enjoy your PC usage because you have to jump through hoops just to complete the most mundane tasks due to restrictions, then what's the point of turning on your PC?
Balance between security and convenience. It might be worth giving your mates a brief education on infections etc, so they can run tests before coming over with their sticks... that way you have some peace of mind
