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I currently live and work in Seoul, South Korea.

The first thing I would point out is that any time lil kim mouths off and threatens anyone, the media runs with the ball of panic. My general policy is to become worried when and if the S. Korean friends and co workers around me do. Till then I refuse to waste energy with useless worry.

Yes, the North has done some very unfortunate stunts in the last few years. The island shelling and the sinking of the "Cheonan" naval vessel for example. I visited the memorial exhibit for the crew of the Cheonan. The really sad part was that of the 46 sailors who died in the attack, most were in their early twenties. S. Korea requires all men over 18 to serve two years in the armed forces so they were essentially legal conscripts in a manner of speaking. With all respect, the crew looked to be mostly recent high school graduates.

The news has reported every time a U.S. ship or plane moves around and every whisper they hear from the North. The only thing that has changed situation wise in daily life is that a few places (such as police stations) have been running extra tactical drills in full Korean swat uniforms with assault rifles. Also, in Seoul, some train lines have begun showing cartoon war propaganda psa videos on their trains.

I can't predict what's going to happen any more than anyone else but I really do doubt that anything more than posturing will happen. I hope for peace. Enough people already died here the last time around.