Seriously. Swine flu killed 200,000 people. This is a cold. Bad for old people with pre-existing conditions. This isn't TEOTWAWKI.
Not really a great apples-to-apples comparison. The mortality rate for Swine Flu (H1N1) was "only" 0.02%, making it not even particularly dangerous by influenza standards. The death toll got so high because, like most influenza strains, it became extremely widespread (approximately 100 million cases).
In terms of viral structure, rate of contagion, and rate of mortality, the Wuhan "novel coronoavirus" (NCoV) more resembles the SARS and MERS outbreaks (also coronavirus strains). Thankfully, at a current mortality rate of approximately 2%, it is apparently not as deadly as either SARS (9.6%) or MERS (35%). As you would figure, the reason SARS and MERS both ended up with much lower total death tolls than H1N1 was due to the *much* smaller populations infected: 8098 and 2499, respectively.
Now, the big difference: The SARS outbreak lasted nine months. MERS has been identified for over six years. As of this writing, lab-confirmed worldwide total for NCoV infection is 7824 in less than one month. Ongoing infection rates suggesting we are at the beginning of the outbreak, rather than the end.
What we appear to have is a coronavirus strain with unprecedented levels of infectiousness. It is cause for increased caution and a globally-coordinated response. It is not cause for American citizens to be stranded in Wuhan with no ability to repatriate, thus the unlikely application of cargo 747s from Ypsilanti. It is ALSO not cause for a cartoonish internet s**tstorm, but recent history suggests we're going to have one of those for damn near everything for the foreseeable future.
(Source on most of my numbers was European Centre for Disease Prevention and Control, if anyone's wondering)