Less afraid, more in danger?

I wrote a bit ago about the new centrist blog, "Donklephant" (still can't quite get over either the name or the mascot). Marcus Cicero has contributed another well thought out essay, this time on the question of whether we are safer now that we are post-Cold-War but mid-GWOT, or were we really safer back when the Soviets were the perceived threat. (tip to Michael Totten again, subbing at Instapundit)

I'm traveling and do not have the occasion to comment as I would like to. I'll just suggest you read the essay and add that I strongly suspect that we are less likely to see global Armageddon, but much more likely to see a regional sort of annihilation. Sobering....