Really, the media is MAJORLY sensationalizing this 'epidemic'..... Just like they sensationalized the 2,000 - 3,000 dead american soldiers in iraq/afgan... We lost hundreds of thousands in WWII alone....
Ahh, so by that rational, I guess the media was just sensationalizing the murders of the 2,823 people killed on 9/11. Because gee, it was nothing compared to the 6 million or so people the Nazis murdered. I guess us New Yorkers should have just sucked it up and stopped being such babies about it.
Reporting the sacrifices of so many brave Americans (so far 4,253 in Iraq and 671 in Afghanistan) is not sensationalism. It allows us to honor them and their families. It is also so we can properly understand the costs of the decisions we make as a country. Only then can we have an intelligent discussion about those decisions.
As for the current outbreak of swine flu, all the information does need to be disseminated. It is important to know. I won't go into the details, as Sublimesting and some others here have done a good job on that already.
No, you don't need to go around changing your travel plans or anything (yet). Unless of course you were planning on traveling to Mexico in the next couple of weeks. And as the Hitchhikers Guide says, "Don't Panic." But keep updated as to what is happening.
If things go well, all this will run its course without it ever being a big deal outside of the already hard hit Mexico City. But, if it goes the other way, and this is why there is all this hubbub, it is important to remember that the 1918 Spanish Flu pandemic (the one Walt survived) is estimated to have killed 50 million people worldwide (this number varies widely and is often listed anywhere from the range of 22 to 100 million). To bring it back around to the top of this post, more US soldiers in WWI died of the influenza than in combat.