NightStrike,
Jam what exactly? OTHRs are difficult to jam because of how the radars work (long wavelengths) so that's likely out the question. The problem with OTHRs is they are very vunerable to attack because they are normally large fixed sites making them completely immobile.
Jamming the missile however is large impossible since it doesn't have anything TO jam. If the missile uses a EO/IR seeker, you can try using flares but it's next to impossible to hide the massive IR signature of a large surface combatant. A combined EO/IR seeker is virtually Jam-proof.
If the missile used Passive Radar guidance, in theory you could jam it or simply turn off the radars of the targetting vessel but the problem is the vessel targeted likely won't KNOW it's been targetted. If fired at a battlegroup, each individual vessel only knows one of them is being targetted and turning all their radars in such a situation is inpractical and no likely.
So overall, a long range system like the Chinese DF-21D in theory can work because it is quite cost effective compared to any other attempt to take out an aircraft carrier. If you try to take out a carrier with surface vessels or aircraft you have to get through the escort vessels around it. If you try to sink a carrier with a submarine, you have to contend with one or two SSNs that escort each carrier. Using a medium range ballistic missile is much easier since to date there is only a small number of ABMs available throughout the fleet to protect against such missiles. Even then, the SM-3 was designed to take out a more conventional target and while a new variant to take out maneuvering warheads is on the way (end of the decade or so), it still good odds that if you fire multiple missiles at a single carrier, one of them is going to hit or come damn close even with the best protection.
The only flaw with such systems is the assets that make it work. For example, as I pointed out before, if you take out the OTHRs that are used for such a system effectively cripples it. Because without the OTHR, you wouldn't know where to look for the carrier with satellites or UAVs beside guestimating it's likely location. In other words, with the OTHR, you would have to locate the carrier another way (such as submarine shadowing, Long Range UAV coverage, etc). The only elements of the system, such as the satellites and UAVs can be compensated for and while accuracy will likely fall if one of them is taken out, the system will be accurate enough to make the US Navy very cautious. So taking out the OTHR is the only real effective defense against a long range ASBM and relaying on ABMs is not a proper solution.
So in summary, I think such a system is very dangerous and very achievable with the right technology and while it does have a few weaknesses, overall it is an effective deterant which is the whole point isn't it?