"everybody is already stocking up masks and spraying disinfectants everywhere"
This particular bit of your argument worries me more than actually getting infected by the virus.
1. A virus is (arguably) nonliving; it cannot replicate on it's own and does not do much anything by itself. The point is that disinfectants only harm living organisms and not viruses, namely bacteria. The impact of this is that the bacteria with high drug resistance survive, reproduce, and create a new generation of more drug resistant bacteria. The use of anti-bacterial soaps and such is purely to provide the illusion of security (security theater). When someone legitimately needs antibacterial drugs, the treatments need to be stronger, or may not even work; it is a lose-lose situation: the stronger the treatment is, the more "good" cells/organisms are hurt, while if it does not work, the malevolent bacteria is free to spread. Expect to see many drug companies profiting from this virus, despite it being completely useless.
2. I live in San Jose CA and go to school in the San Jose Unified School District, pretty close to Branham in the Cambpell Union School District. This morning, Branham High School was shut down for seven days because one student was suspected of carrying swine flu. It is still an unconfirmed case, and will be for at least one more day (it takes at least two days to get lab results determining if the virus is actually the H1N1 virus). Yes, the virus is definitely worth watching out for, but I am not worried about contracting the virus and I believe the school system, and indeed the state government, is more than capable of adequately responding to this virus (if not for the states readiness, then for the viruses relatively small threat). I don't think it will be nearly as bad as the 1918 virus, the SARS epidemic, or even close to the avian flu scare. Unfortunately, I will still be going to school tomorrow.
Here's to hoping that I'm right.