// I think there is still a lot of scaremongering going on insofar as the survival rate, which far exceeds the death rate, is rarely mentioned. //
To an extent I agree with this, although the problem is that the death rate doesn't need to be that high in a widespread disease to cause the deaths of many tens, if not hundreds, of thousands. As best we can tell, somewhere in the region of 1% of all those who've had the infection end up dying because of it, which, if that holds -- and it does appear to -- is still scary whether or not that means 99% of those who are infected survive.
A disease doesn't have to mean the end of the human race in order to be frightening. 1% is still a lot. And the disease is still spreading. One of the many potentially frightening scenarios is what happens if the disease takes hold properly in places such as Africa or the subcontinent, where it could rip through unchecked. At the moment the growth in Africa is slow but it *is* spreading there, and with months to go before there's any cure that's quite frightening. Let alone in Europe, where it has already taken hold and is certainly not halfway through its cycle.
I've been spending the last two weeks trying to predict how many known active cases at the end of March there will be, restricting to the UK. I've been disturbed by how eerily accurate my forecasts have been on some days, and when they are wrong, they are usually underestimates. The uncertainty 11 days out is still large of course, but, put simply, when I said about a week ago that I was expecting 10,000 known active cases, that is almost certainly way too optimistic. Using the same model, I'm also expecting well in excess of 1,000 deaths in the UK by the end of March, and I should again stress that this is wild optimism.
I really, really, really hope I am utterly mistaken in these projections, and that we can get a grip on the disease. And, finally, I utterly agree with the last point you make.