There's also anecdotal reports of people in the US complaining of mild (but hung on for a week or more) self-resolving Covid-19-like symptoms going back to January. So who knows how many low-symptom or asymptomatic cases are out there, and unless you do the working-backwards CDC estimations, we may never know.
So that could be "good news" in terms of if the cases that weren't severe dwarfs the number of hospitalizations and deaths.
Then again, "more is more" and if there's millions of non critical cases, the number of hospitalizations could still swamp the system I guess.
Right now my gut feeling is that American infrastructure, American hygiene, American individual cars, and American personal space, plus the beginning of the spring/summer season is going to make Covid-19 about as bad as an additional/extra flu season on top of the regular one, with somewhat noticeable higher numbers because of the virus being novel. And that means the susceptible sick and elderly people that do the majority of the dying are not going to have "flu shots" for this, nor are they going to have whatever residual immunity all the previous flu strains they've ever been exposed to has given them like they would for the actual flu-flu. I think this'll wreak havoc in nursing homes, and in hospitals where people are already being cared for other illnesses.
We still don't have straight answers out of China, and for all we know they overreacted, and all the incinerators are for medical waste, not bodies. I see it being possible in their pseudo-communist system that the authorities were escalating the situation by all engaging in one-upmanship of "better safe than sorry" activities. Maybe they were hospitalizing everyone that shows up coughing, and not doing it on some more concrete criteria like vital signs, temp, BP, pulse-ox etc.
I reserve the right to be wrong. But if a normal average influenza season is a "1" on a scale to "10" being 1918, I think Covid-19 is going to be a 2-3 tops in the U.S. There's going to be a lot of Costco members sitting on a lifetime supply of toilet paper...