At least that's what we're being told. According to CNN.com, now is the time to hold our breath, empty our bank accounts, and stock up on bottled water and canned goods, because the worm is a-comin'.
I, on the other hand, am skeptical. We've seen these things come and go. We expect a bang, end up with a fizzle, and congratulate ourselves on thwarting yet another attempt to bring the interwebs to a crashing halt. Who's to say that this isn't yet another worm scare that's going to turn out to be a mere fraction of the threat experts are saying it will be? The blogosphere tends toward alarmist reactions. We've seen this before.
However, on the other hand, we may be overdue for a "big one". And from what people are saying, this could be it. With an army of 'bots waiting for orders, this could be the real deal. All we can do right now is patch our servers and personal computers, make sure there are fresh batteries in our flashlights, and wait and see.