I've been glued to the TV most of Sunday, following the hurricane news.
Right now (1:40 PM MDT - 2:40 PM in New Orleans) it appears that the worst for New Orleans is past, and the worst case scenario was narrowly averted. Just before it made landfall, the storm lost some intensity and jogged east, sparing New Orleans the full brunt of the storm and instead hammering the Mississippi coast.
So New Orleans lucked out, fortunately. But it was all too close.
And Mississippi is getting hammered. The storm center is now at least 60 miles inland, and is still a Category 2 hurricane. According to radio news reports, the storm is looking a lot like Hurricane Camille of 1969.
Flooding is expected all the way up into Ohio.
National Hurricane Center
NOLA.com Hurricane Center